FED GAVE Banks Access to 23.7 TRILLION DOLLARS NOT $700 Billion!
U.S. Rescue May Reach $23.7 Trillion, Barofsky Says 20 July 2009 (Bloomberg) http://tinyurl.com/q2gnj3
US ‘exposure to crisis $23.7 trillion’ 20 July 2009 (BBC News) http://tinyurl.com/kulzs4
Geithner asks Congress for higher U.S. debt limit 7 August 2009 (Reuters) http://link.reuters.com/suq99c
US 'exposure to crisis $23.7 trillion
20 July 2009, (BBC News)
http://news.bbc.co.uk/2/hi/business/8160282.stm
President Obama has stressed the importance of government spending
The total exposure of the US government to the financial crisis could hit $23.7 trillion (£14.3tn), according to a watchdog report.
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