Politics
Politics
Out of context: Reply #11225
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- utopian0
Bernanke: Keep Fed as watchdog of small US banks
http://news.yahoo.com/s/ap/us_be…
Of course Ben Bernanke want to retain control and power of the small banks. This is so that Wall Street and in particularly Goldman Sachs Group, Morgan Stanley, J.P. Morgan Chase and Bank of America can dictate their rates and impose their control of the entire banking system. Ben Bernanke's only interest is to help assist, bailout, support, and get kick backs from the banking institution that he helped build. And it is no surprise that the U.S. Federal Reserve has bought stakes in the nation's largest banks. - "Greed is Good"
See for yourself: http://online.wsj.com/article/SB…