Anyone have some of the numbers borrowed from the Fed window by the banks that were released today?

[lonestarnot]

Libya borrowed millions and millions.

[truedelphi]

1. Do you have link?

I'd be interested in seeing the results.

[lonestarnot]

5. I read a very interesting thing on line re the release of the docs but do

not recall where and do not have the link. It is in another location. Had dates, amounts borrowed and by whom. If someone doesn't come up with it, I will be here with it tomorrow. :hi:

[DJ13]

2. Link to the docs in this article

http://www.cleveland.com/business/index.ssf/2011/03/federal_reserve_names_banks_th.html

[lonestarnot]

6. That is some of what I read, Article has the dates and some amounts borrowed by Libya

in the millions and millions in 2010.

[truedelphi]

3. Here's an article over at Huffington Post

http://www.huffingtonpost.com/2011/03/31/federal-reserve-gaddafi-owned-bank-disclosures_n_843400.html

At a time when credit markets shunned even the most worthy borrowers, foreign banks, including one partly-owned by Muammar Gaddafi's Libya, fled to the Federal Reserve and borrowed at rock-bottom interest rates, Fed documents released Thursday show.

During the height of the financial crisis in the fall of 2008, as investors and firms hoarded cash, the Fed reduced its rates to kickstart lending in the broader economy. Arab Banking Corp., a $28 billion lender now 59 percent-owned by Libya's central bank, borrowed at least $3.2 billion during this time. The Fed charged it an interest rate ranging from 2.25 percent to as low as 1.25 percent on those borrowings, regular Fed data show.
<snip>
During the same period, 22 foreign-based banks borrowed $56.6 billion on 42 separate occasions from the Fed's discount window, according to a Huffington Post analysis of Fed documents.
<snip>
The disclosures led Senator Bernie Sanders, an independent from Vermont, to write Fed chairman Ben Bernanke asking why the central bank lent U.S. funds to foreign firms. Sanders wrote that he had "serious concerns" in particular over the Fed's lending to Arab Banking Corp., the Libya-owned lender. The Federal Reserve did not respond to a request for comment.


####
When you consider how Obama's good buddy boy Lil Tin refused to lend money to states in the USA facing budget deficits, it really blows one's mind.

[louslobbs]

4. I guess low rate massive loans are only for the rich and no loans or exorbitant usurious rates are

for the little people who bailed out all of the rich without being asked our permission. To be the 2% rich and worthy, as opposed to being the cake eating 98%, it must be fascinating.

[lonestarnot]

7. In addition they stole my retirefuckingment.

[louslobbs]

8. I feel like I'm in some fucking twilight zone and can't find the way out. They stole quite a few

retirement dollars, sad, just sad.

[lonestarnot]

9. This is more detailed that the article I read. Will post it today. Thanks!

[truedelphi]

10. Keep up the good fight.

Obama wants my vote in 2012, he better have Geithner resign and be putting Neil Barofsky in his place. Barofsky is, so far one as I have seen, of the few decent honest and working hard for normal people that the Obama administration has seen fit to employ.