Young Turks: Exposed: Fed Bailout of Big Banks Dwarfs TARP (What Occupy Wall Street is About)

[CherylK]

Run time: 11:45 https://www.youtube.com/watch?v=mohwrs3yp7o   Posted on YouTube: November 29, 2011 By YouTube Member: TheYoungTurks Views on YouTube: 9941   Posted on DU: November 29, 2011 By DU Member: CherylK Views on DU: 963

 
The Federal Reserve gave banks a much larger bailout than the infamous TARP. A Bloomberg report with the details is broken down by Cenk Uygur of The Young Turks. Cenk also explains the relevance to the Occupy Wall Street movement.

http://www.bloomberg.com/news/2011-11-28/secret-fed-loans-undisclosed-to-congress-gave-banks-13-billion-in-income.html

Subscribe to The Young Turks: http://bit.ly/eWuu5i

[Texifornia]

1. Cenk hits it out of the park...

...and this from a very frequent Cenk critic.