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Wednesday, June 1, 2011

"Geithner and Goldman, Thick as Thieves"

Robert Scheer on the Fed's Secret Loans to Big Banks
"Geithner and Goldman, Thick as Thieves" -- What was Timothy Geithner thinking back in 2008 when, as president of the New York Fed, he decided to give Goldman Sachs a $30 billion interest-free loan as part of an $80 billion secret float to favored banks? The sordid details of that program were finally made public this week in response to a court order for a Freedom of Information Act release, thanks to a Bloomberg News lawsuit.
http://www.truthdig.com/report/item/geithner_and_goldman_thick_as_thieves_20110531/
 

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