[p2p-research] Video : Trillions Fed money off balance sheet ? - 5 min hearing

[Dante-Gabryell Monson]

*another interesting hearing ( in addition to the federal reserve Inspector
General Hearing further below )  :

http://www.youtube.com/watch?v=Mj0JAfq4esk

"Fed Vice Chair Donald Kohn testified before the Financial Services
Committee today, along with John Bovenzi of the FDIC. The Fed's balance
sheet has expanded by $1.2 trillion since September 1. Where did the money
go? Kohn wouldn't say."*
*
and a news report on the same hearing, with better sound quality :

http://www.youtube.com/watch?v=oxuqmPyKqcs&feature=related*

*"So, you know about the Treasury's $700 billion bailout plan. But you
probably don't know that the Federal Reserve has lent out about $2 trillion
since September. Few do. And that is what's irritating bulldog Congressman
Alan Grayson. Will he be able to shed a light on the Fed's secret spending?"
*


On Tue, Jun 23, 2009 at 11:33 AM, Dante-Gabryell Monson <
dante.monson at gmail.com> wrote:

> " Rep. Alan Grayson asks the Federal Reserve Inspector General about the
> trillions of dollars lent or spent by the Federal Reserve and where it went,
> and the trillions of off balance sheet obligations. Inspector General
> Elizabeth Coleman responds that the IG does not know and is not tracking
> where this money is. "
>
> High quality version of the video ( over 600 000 views )
>
> http://www.youtube.com/watch?v=cJqM2tFOxLQ&feature=channel
>
> same video with lower sound quality ( at this point in time , over 800 000
> views ) :
>
> http://www.youtube.com/watch?v=PXlxBeAvsB8&eurl
>
> ----
>
> Federal Reserve Office of the Inspector General:
> http://www.federalreserve.gov/oig/
>
> ----
>
> http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aGq2B3XeGKok
>
> U.S. Taxpayers Risk $9.7 Trillion on Bailout Programs (Update1)
>
> By Mark Pittman and Bob Ivry
> ******
>
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