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Forum Post: Bernanke Provided Billions In Loans to Gaddafi

Posted 13 years ago on Oct. 25, 2011, 9:23 p.m. EST by MonetizingDiscontent (1257)
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Bernanke Provided Billions In Loans to Gaddafi

http://www.washingtonsblog.com/2011/04/bernanke-provided-billions-in-loans-to-gaddafi.html

Documents produced by the Federal Reserve in response to an order from the Supreme Court show that Bernanke loaned billions to foreign banks through its discount window. As Bloomberg – which brought the lawsuit which resulted in the document release – notes:

Foreign Banks Tapped Fed’s Secret Lifeline Most at Crisis Peak

http://www.bloomberg.com/news/2011-04-01/foreign-banks-tapped-fed-s-lifeline-most-as-bernanke-kept-borrowers-secret.html

Is it me or do banks always seem to fund both sides of conflicts?

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