Sunday, December 21, 2008

Hedge funds gain access to $200bn Fed aid

FT.com / US / Economy & Fed - Hedge funds gain access to $200bn Fed aid

Your tax dollars helping HEDGE FUNDS! This is just corruption at its finest...and biggest.

FBI diverts anti-terror agents to Bernard Madoff $50 billion swindle

FBI diverts anti-terror agents to Bernard Madoff $50 billion swindle - Times Online

Another example of big guys get away with things, little guys go to jail. Why did Madoff avoid scrutiny for so long? Most likely he paid some of the auditors off.

Fed Refuses to Disclose Recipients of $2 Trillion

Bloomberg.com: Exclusive

And there is it, my friends. A good 'ol looting of the Treasury. Keep supporting the system, boys, it's workin' great!

Small Banks Still Waiting for Bailout Funds

Many small banks waiting to access gov't funds - Yahoo! Finance

AIG, Bear, Citigroup, and Goldman got their money right away. Why aren't the little guys? Hmmm.

Bipartisan Senate Committee Issues Report Concluding Torture OK by Bush Admin.

The Torture Presidency—By Scott Horton (Harper's Magazine)
"This week the Senate Armed Services Committee issued a powerful report, released jointly by chair Carl Levin and ranking member John McCain, that received the unanimous support of its 13 Democratic and 12 Republican members. The report concluded that Donald Rumsfeld and other high-level officials of the administration consciously adopted a policy for the torture and abuse of prisoners held in the war on terror."