posted on Dec, 7 2009 @ 12:42 PM
the bailouts/TARP is just the slush fund portion of the scheme...
the real dollars are hidden in the FEDs secret balance sheet
the FEDs bought, swapped, lent over a Trillion$$ to all those financial
entities like banks etc, by monetizing billions of worthless financial paper
for their full face value.
the banks et al, took all that FED & TARP money to invest/speculate in stocks & commodities---after they fufilled their obligation to buy a certain
% in USTreasuries
the bank's liquidity is as rock-solid as the over valued DOW stock market...
and only as long-lived as long as the FED does not 'call-in' the loans on valueless dirivatives issued by the Firms, or the MBS (mortgage
Securities) sold to Freddie-&-Fannie... the banks & financial institutions are skating on thin-ice no matter the percentage of TARP paybacks the Banks
are promising to send back to the Treasury.