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As of Sept. 23, 2009, the special lending totaled $2.14 trillion, but the pubic still doesn't know precisely who got that money.
The Fed is joined in its case to block the release of details by the Clearing House Association, a banking group which includes ABN Amro Bank, Bank of America (BAC), Bank of New York Mellon (BK), Citigroup (C), Deutsche Bank (DB), HSBC Holdings (HBC), JPMorgan Chase (JPM), U.S. Bancorp (USB) and Wells Fargo (WFC), among many others. How much has each of these banks gotten in support from the Fed? If the courts don't force the Fed to open its records, we may never know.
Dr. Stephen Jones has been writing blog posts since 2005 on a variety of topics from Bible Studies to World News, and he has been writing books since 1992. Dr. Jones' most important writings came after God brought him back into the full-time ministry in 1991. It is here that all his earlier years of searching the Scriptures began to come into clear focus. He combines a knowledge of the Old and New Testaments with a personal revelation of God that began and developed during the "wilderness" period of his life, which he often refers to as God's True Bible College... Read More
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