How banks spent bailout
You will remember the Gov. gave the Banks $700 billion,
and the Federal Reserve Corporation gave them $2.3 Trillion
And the conditions were dont ask and dont tell.
No one knows what the bank did with the money
or how they spent it.
We discovered how they spent some of it.
$37,000,000 on Lobbyists, to stop Banking
regulation. 100 Bank lobbyists & their Republican
Congressmen in secret meeting,Must view Video..
And They defeated the New Regulation,
NOTHING OF SIGNIFICANCE WAS PASSED.
And that does not count the "donations, bribes"
to Congress, which range from $1.5 million to
$3 million dollars.
Thats how they spent the Tax payer money
they got in the bailout for the credit melt down
All with the Federal Reserve Corporations
blessing. A corporation owned by the SAME Banks.
And $20 Billion in performance bonuses.
Labels: How banks spent bailout