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The Federal Reserved released documents Wednesday identifying the recipients of $3.3 trillion in emergency aid provided at the height of the financial crisis.
"Two European megabanks -- Deutsche Bank and Credit Suisse -- were the largest beneficiaries of the Fed's purchase of mortgage-backed securities," The Huffington Post's Shahien Nasiripour reported.
More than $290 billion worth of mortgage securities were sold to Deutsche Bank, a German lender. Credit Suisse, a Swiss bank, got more th
"If you will not fight for right when you can easily win without blood shed; if you will not fight when your victory is sure and not too costly; you may come to the moment when you will have to fight with all the odds against you and only a precarious chance of survival. There may even be a worse case. You may have to fight when there is no hope of victory, because it is better to perish than to live as slaves." — Winston S. Churchill
Originally posted by howmuch4another
I agree completely spoon we better wake up. I am quite sure the countries where these banks reside will continue to blame the US for all that is evil and take no responsibility for their greed.
Originally posted by Kryties
reply to post by Erasurehead
You must have missed the bit in my post where I said, quite clearly and in plain English......
Don't get me wrong, I believe all banks and bankers need to be removed from the face of this Earth
Sure, only American banksters are evil. Those poor naive bankers in Europe were just duped by those evil Americans.