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Senate Gives the Go-Ahead for Fed Lending Probe

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Posted on May 11, 2010
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When big financial institutions got themselves into a serious pickle in the fall of 2008, the Federal Reserve was there with beaucoup bucks in loans to prop them up. On Tuesday, the Senate voted unanimously to launch an inquiry into the Fed’s lending practices during the financial crisis. Look out, Federal Reserve—Bernie Sanders is all up in your business.  —KA

AP via YouTube:

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By diman, May 12, 2010 at 10:02 am Link to this comment

On Tuesday, the Senate voted unanimously to launch an inquiry into the Fed’s lending practices during the financial crisis.

I hate to sound all pessimistic, but good luck with that and watch out for the Fed’s middle finger.

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