Global Bankers Warn Fed Disclosure Would Destroy Everything

The Federal Reserve has to identify the companies to whom it gave the $1.5 trillion dollars and it has to list the assets used as collateral for the so-called “loans.” And since when has the government felt obligated to protect the share prices of certain private businesses over others? Is that role in the Constitution somewhere? Anyway, an industry group representing the biggest and most powerful banks on the globe, including British, French, Dutch and German as well as American banks, have issued a warning about the disclosure: If you tell who got the $1.5 tril, you’re gonna destroy the world financial system.

via Daily Kos






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