http://finance.yahoo.com/banking-budgeting/article/111517/banks-to-taxpayers-get-over-it?mod=bb-budgeting&sec=topStories&pos=4&asset=&ccode=
And this was all because Lehman's collapsed.
Well that's not believable any more is it? Did you see that Bernie Sanders is asking the FED for a little more information? Like how much John Paulson and his rich millionaire friends borrowed? How all the other corporations like Toyota and Honda got a place in line was totally beyond me.
It seems like everybody had a piece of the FED's party pie except the average taxpayer. All "WE" got out of the deal was the bill for the cleanup afterwards, and now they want "us" to get over it, like the AIDS that they've all been affected with has miraculously just disappeared.
So if it's disappeared why is the FED still having to dole out the medicine in pill form, rather than the shot, to keep the symptoms at bay?
Yes the life support goes on and except now as an added slap in the face,
"We" are just expected to forget the fact that they are criminals, and to just continue to support them in the life they've become accustom to without question.
The big question that comes to my mind is, bonuses?
You've gotta be kidding me.
Someone needs their ass cut for allowing that. There is no evidence period that any of them should have even entertained the idea, let alone received one.
The phrase "zombie" banks comes to mind when the numbers are laid bare: Morgan Stanley (NYSE: MS - News) borrowed $61 billion in one overnight loan. Goldman Sachs Group Inc. (NYSE: GS - News) hit up the Fed 81 times for a combined $600 billion. Citigroup Inc. (NYSE: C - News) and Bank of America Corp. (NYSE: BAC - News) borrowed a combined $2.6 trillion under the Fed's primary dealer facility.
Even J.P. Morgan Chase & Co. (NYSE: JPM - News) used the central bank's term auction facility seven times.
Oh, and the banks' way of saying thanks for all of this: Get over it.
$1.9 trillion for Morgan Stanley
Most banking institutions aren't only downplaying the drastic measures they took to keep the doors open day to day by suggesting it's all ancient history. They're arguing that what happened then has no bearing on what's happening now.
In other words, just because they were hiding their wounds then, doesn't mean they're hiding anything now.
