It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
1. Jamie Dimon, the Chairman and CEO of Jp Morgan Chase has served on the Board of Directors at the Federal Reserve Bank of New York since 2007. During the financial crisis, the Fed provided JP Morgan Chase with $391 billion in total financial assistance. JP Morgan Chase was also used by the Fed as a clearinghouse for the Fed’s emergency lending programs.
18. Ronald Logue, the former CEO of State Street Corporation, served as a board member of the Boston Federal Reserve Bank from 2006-2007. During the financial crisis, State Street Corporation received a total of $42 billion in financing from the Federal Reserve.
Originally posted by Screwed
reply to post by MrUncreated
Agreed, Gold for instance is the best conductor of electricity known to man yet, we use it to make shiny bracelets and rings out of. God knows, one day we'll find out that we can store data in crystals instead of silicon chips.
The value of the elements that we dig out of mother earth should be based on how much it can help our species evolve, not on how god damned shiney it is.
I am begining to separate myself more and more from the human race the more I come to tearms with just how F ing rediculous this whole sham is. it truely doesn't need to be this way at all.
A system of barter isn't the answer either.
The answer is for everyone to just..........GIVE!!!!
If EVERYONE GIVES then NO ONE will do without!!!!!edit on 19-6-2012 by Screwed because: (no reason given)edit on 19-6-2012 by Screwed because: (no reason given)
Originally posted by samkent
The OP said 4 trillion but his quotes add up to 400 billion.
Even if it was 4 trillion it ws likely to be the short term (overnight) loans that are paid back the next day. I suspect if you added them all up day after day it might come to 4 trillion. But that's like borrowing your lunch money in the morning and paying it back at night.
No big deal.