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Sunday, November 21, 2010

Is Anyone Minding the Store at the Federal Reserve?

from USACTION NEWS


Is Anyone Minding the Store at the Federal Reserve?: "

Federal Reserve Inspector General Elizabeth Coleman responds that the IG does not know and is not tracking where trillions of dollars lent or spent by the Federal Reserve went. Financial Services Subcommittee on Oversight and Investigations hearing of May 5, 2009. Rep. Alan Grayson asks the Federal Reserve Inspector General about the money and where it went, and the trillions of off balance sheet obligations.


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