Tag Archives: Breaking News
bailout banks

The Federal Reserve’s Secret 1.2 Trillion Dollar Wall Street Bailout

by Efrain Nieves The Federal Reserve secretly bailed out Wall Street banks in 2008. The top 3 banks were, Morgan Stanley with a $107.3 billion bailout, Citigroup borrowed $99.5 billion and Bank of America with $91.4 billion. In 2006, Citigroup and Bank of America profited 104 billion dollars. Yet, by 2008,  Citigroup and Bank of America borrowed “$669 […]

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