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US Bailout $$$ Being Funneled to Euro Banks

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US Bailout $$$ Being Funneled to Euro Banks

Old 03-08-2009, 01:37 PM
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Default US Bailout $$$ Being Funneled to Euro Banks

This is EXACTLY what Catherine Austin Fitts speculated was happening -- a transfer of US wealth to Europe!!!

OUR CHILDREN AND OUR GRANDCHILDREN WILL BEING PAYING FOR THE U.S. WEALTH THAT WAS TRANSFERRED TO EUROPEAN BANKS.






Europe banks silent on reported AIG bailout gains

LONDON (Reuters) - European banks declined to discuss a report that they were beneficiaries of the $173 billion bail-out of insurer AIG that has sparked political furor in the United States.

Goldman Sachs, Morgan Stanley and a host of other U.S. and European banks had been paid roughly $50 billion since the Federal Reserve first extended aid to AIG, the Wall Street Journal reported on Friday. ...

The bailout enabled AIG to pay its counterparty banks for extra collateral, the Journal said, with Goldman Sachs and Deutsche bank each receiving $6 billion in payments between mid-September and December. ...

The U.S. Federal Reserve has refused to publicize a list of AIG's counterparties and what they have been paid since the bailout...


http://www.reuters.com/article/topNe...5270YD20090308


OUR MONEY -- OUR TAX DOLLARS -- OUR WEALTH -- GOING TO EUROPE!!!
Old 03-08-2009, 01:44 PM
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And as suspected, Goldman Sachs was among the biggest recipients ($6 billion). This is noteworthy because Goldman got that money from our 74th Treasury Secretary, Hank Paulson, who was a former Goldman CEO and held plenty of its stock. So he was using our money to bail himself out!

Here are the others (including 10 European banks):
  • Deutsche Bank
  • Merrill Lynch
  • Société Générale
  • Calyon
  • Barclays
  • Rabobank
  • Danske
  • HSBC
  • Royal Bank of Scotland
  • Banco Santander
  • Morgan Stanley (NYSE: MS)
  • Wachovia
  • Bank of America (NYSE: BAC)
  • Lloyds Banking Group


http://www.bloggingstocks.com/2009/0...uropean-banks/
Old 03-08-2009, 03:02 PM
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Our $$$ is gone!!!


AIG has been forced to seek more help in part because of the ongoing recession and its falling stock price, now well under $1. Among its biggest problems: It can't sell assets to pay back government loans because the credit crisis is preventing would-be buyers from getting financing to complete such deals.

http://www.google.com/hostednews/ap/...mm91QD96PFJOO1
Old 03-08-2009, 03:11 PM
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It is....And my parents who have traveled the world told me not to be too upset about it. The world won't treat the american younger generations well, My son will suffer unless we take action. Kind of like ring around the rosie, The rest of the world will now look to us to carry the water.

Last edited by Saltybrad; 03-08-2009 at 03:21 PM.
Old 03-08-2009, 03:21 PM
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what did you expect with crooks in charge?

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