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Is anyone minding the store at the Fed?
In the video clip below, Rep. Alan Grayson asks the Federal Reserve Inspector General, Elizabeth Coleman, about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Coleman responds that the Inspector General does not know and is not tracking where this money is. You can’t make up stuff like this! Source: YouTube, May 6, 2009. More on this topic (What's this?) Another Bernanke Market Rally (Money Morning, 1/26/12) 60 Minutes Easy on Bernanke (Wealth Daily, 3/16/09) Fed Chairman Bernanke Said Recession Should End This Year (Kirk's Market Thoughts, 2/24/09) 1 comment to Is anyone minding the store at the Fed?Leave a Reply | |||||||||||
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[...] Is anyone minding the store at the Fed? – Posted by Prieur du Plessis – In the video clip below, Rep. Alan Grayson asks the Federal Reserve Inspector General, Elizabeth Coleman, about the trillions of dollars lent or spent by the Federal Reserve and where it went, and the trillions of off balance sheet obligations. Coleman responds that the Inspector General does not know and is not tracking where this money is. You can’t make up stuff like this! – Click for Video ———— [...]