Thursday, January 28, 2021

Tag: Fed Plans to Release Names of Bailout Recipients – Just Not on $9 Trillion in Secret Loans

Fed Plans to Release Names of Bailout Recipients – Just Not on $9 Trillion in Secret Loans

by Pam Martens and Russ Martens, Wall St On Parade:

Yesterday, the Federal Reserve issued a press release, which, on the surface, made it sound like the Fed is going to make full disclosure on where its trillions of dollars in money created out of thin air is going. Unfortunately, upon closer inspection, the Fed is saying it will only release the names and details of its programs where the taxpayer is putting up money to absorb losses.