Relevant:
- Federal Reserve continues shadow bailout of banking industry -- $947 billion of overpaid and low demand mortgage backed securities sit on the massive $2.8 trillion Fed balance sheet
- Ultimate money magician in the Federal Reserve and the art of shadow bailouts
- Hiding commercial real estate losses by laundering bad loans through the Federal Reserve
- The dynamic central banking duo -- ECB balance sheet up over €3.1 trillion mimicking Fed balance that is close to $3 trillion. Shuffling toxic assets into darkness.
- The covert bailing out of the commercial real estate industry by the Federal Reserve
2011-07-05 — mybudget360.com
"The Federal Reserve is shape shifting chameleon that is designed to protect the banking interests at all costs. While little is mentioned in the press, the Fed balance sheet now reaches a new record of $2.84 trillion in "assets" of; commercial real estate, questionable residential loans, mortgage backed securities that no one else wants, and other items we have no idea about since we have yet to conduct any full audit."
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