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Make the Feds Come Clean About the Bailout
December 19, 2008 |
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Tell us the truth about fraud, including collateral fraud, in the asset backed and related derivative markets. Tell us why the Federal Reserve won't reveal who has received two trillion dollars in loans or what collateral has been accepted for these loans. Are markets freezing up because markets will not trade when there's insufficient information to price accurately, when rules don't matter, and when massive fraud is present. Tell us if you think the Fed will permit full disclosure. Or is Catherine Austin Fitts correct when she tells us that " ... when the owners of the Federal Reserve Banks want to keep collateral fraud under wraps, the law does not matter."
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