Robbery

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Apr 4, 2011 16:25 bank bloomberg Fed robbery
I am reading a shocking article right now saying the Fed give the biggest banks HUGE money at the expense of a fake collateral insisting of junk bonds, defaulted debt, equities and unknown rated securities. It's not a banking but just a robbery

Fed Let Brokers Turn Junk Into Cash at Height of the Financial Crisis
http://www.bloomberg.com/news/2011-03-31/fed-accepted-more-defaulted-debt-than-treasuries-as-rescue-loan-collateral.html