Episode 292 • • 7:35 - 9:19
292: Obama Needs Water
Federal Reserve Secret Document Release and Foreign Loans
The Federal Reserve released 136 megabytes of redacted PDF documents detailing secret lending practices. The records reveal that $3.3 trillion was lent to foreign banks, including a bank partially owned by Libya. The documents also cover the Toxic Asset Relief Program (TARP) and loans to hedge funds managed by former Goldman Sachs executives.