GAO Audit Reveals Massive $16.1 Trillion in Secret Federal Reserve Crisis Loans
The first comprehensive audit of the Federal Reserve revealed it secretly provided $16.1 trillion in emergency loans to major financial institutions during the 2008-2010 financial crisis, far exceeding the $700 billion TARP program. The audit exposed unprecedented scale of financial sector bailouts, …
Federal Reserve
Ben Bernanke
Citigroup
Morgan Stanley
Goldman Sachs
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