A VERY Strange Meeting Occured Yesterday....

[Warthogg]

It's my understanding that the fed already bailed out the Euros, before this meeting.

The US has given a $100 billion credit line to the IMF. We are on the hook for that money plus 17% of whatever more the IMF lends.

Yes, the Fed, under Dubya, bailed out European banks in 2008 though we did not know until Bloomberg News sued the Fed all the way to the Supreme Court, won forcing the FED to give-up the information.


Wart

I would be very surprised if we knew all the Fed is doing now.