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Here's those numbers I promised. Look at the dates!

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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:27 AM
Original message
Here's those numbers I promised. Look at the dates!
http://online.wsj.com/article/SB10001424052748704530204...

One of the biggest secrets of the financial crisis was disclosed Thursday when the Federal Reserve released thousands of pages of data showing heavy discount-window borrowing by foreign banks, regional U.S. banks and institutions fighting for survival.

It was the first time the Fed has given details about banks that borrowed from the central bank's oldest emergency-lending facility. Thursday's move was forced by lawsuits filed by Bloomberg LP's Bloomberg News and News Corp.'s Fox Business Network, and last year's Dodd-Frank law requires the Fed to disclose future borrowings after a two-year lag. Details of other rescue programs by the Fed ...

Depa and Dexia (European Banks) Oct 29, 2008 $26.5 Billion
German Hypo Real Estate Group Oct 29, 2008 $24.6
Citigroup $500 million August 2007 and 3.35 Billion Sept 2007
Bank of America 3 times no date certain 2007
Charolett NC Bank 2.3 billion June 20, 2008

Chase borrowed 8 times between Jan and Aug 08 Aug 2007 $500 million (6 billion altogether)and they posted 71.7 billion in collateral at the fed same year.

Washington Mututal 2 Billion September 2008



Goldman Sax borrowed 6 times (amounts not available) September 2008 March 2010 and 50 mil just after its new holding company status was announced.

Morgan Stanley 3 billion Sept -Oct 08 (47 billion altogether)

Wachovia, Charolett NC Bank 29 bil Oct 6, 2008

Central Bank of Libya 100 million September 08 "hundreds of millions throughout 09 * and increased its holdings in ABC from 30 to 59%.


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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:30 AM
Response to Original message
1. I can look but I don't know what they mean.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:40 AM
Response to Reply #1
2. When your ass can walk up to the discount window and say give me 100 billion dollars because I want
Edited on Thu Apr-07-11 01:46 AM by lonestarnot
it and then you're allowed to get away with this http://www.democraticunderground.com/discuss/duboard.ph...

Well it means your ass should be torked is what it means if you're not GE and getting away with not having to pay taxes but instead get a rebate. That is tax payer fucking money they waltzed for at that window.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:50 AM
Response to Reply #1
4. Not to mention the shit samich handed to Mr. President.
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:53 AM
Response to Reply #4
5. Probably wasn't a good time to bring in Daley.
I know the guy was just looking for an out from GS, but bad timing imo.
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nenagh Donating Member (657 posts) Send PM | Profile | Ignore Thu Apr-07-11 02:09 AM
Response to Reply #1
9. And don't have a subscription to the WSJ..
Stupid question 1. Was money given to foreign banks because someone realized that they had bought toxic junk from Wall Street in the mortgage-backed-securities?

Or maybe... why did the banks run out of money?

Really shows the depth of my misunderstanding of this issue, and I appreciate any help given.. :)
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:44 AM
Response to Original message
3. Now remember, they are going to push the very idea that these 'kinds
of things' are so dam complex...well shit, it costs WAAAYYYY to much to litigate ALL (but specifically certain damage by selected parties) the damage done to the economy and the consumers will pick up the bill...muahahahahha (evil dick cheney laugh). At least the citizenry still obeys the law. Lead by reverse example.
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intheflow Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:55 AM
Response to Original message
6. Wait. The Central Bank of Libya holds majority stock in ABC?
And we're going to war with Libya? It's like the ultimate in rating wars: GE/NBC vs. Libyan bankers/ABC. :puke:
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Rex Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 01:58 AM
Response to Reply #6
7. It is a Mad World!
Frenemies...whatchagonnado?
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defendandprotect Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 02:02 AM
Response to Original message
8. K/R -- back tomorrow --
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Tunkamerica Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 02:59 AM
Response to Original message
10. Charlotte not Charolett
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 10:34 AM
Response to Reply #10
12. Whatever, numbnuts fucking joint.
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Tunkamerica Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Apr-08-11 02:04 AM
Response to Reply #12
13. what does that even mean?
the city of charlotte is a numbnuts fucking joint?
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progressoid Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 04:09 AM
Response to Original message
11. Good God.
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