Short Video - where's the money?
Congressman Alan Grayson questions Federal Reserve Inspector General Elizabeth Coleman about the trillions of dollars the Federal Reserve is lending, spending, or carrying in off balance sheet obligations. The footage demonstrates the IG doesn’t really have a sense of how the money (http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aGq2B3XeGKok) is being used.
http://dailyreckoning.com/is-anyone-minding-the-store-at-the-federal-reserve/
Congressman Alan Grayson questions Federal Reserve Inspector General Elizabeth Coleman about the trillions of dollars the Federal Reserve is lending, spending, or carrying in off balance sheet obligations. The footage demonstrates the IG doesn’t really have a sense of how the money (http://www.bloomberg.com/apps/news?pid=washingtonstory&sid=aGq2B3XeGKok) is being used.
http://dailyreckoning.com/is-anyone-minding-the-store-at-the-federal-reserve/