NPR | Did The Fed Help Banks While Ignoring The Risks? (AUDIO)

The head of the FDIC warned the Fed that banks were not able to “withstand stress in an uncertain economic environment,” just as the Fed was looking at whether banks could pay dividends to their shareholders, Eisinger says.

Even though banks passed the Fed’s “stress test,” Eisinger tells Fresh Air‘s Terry Gross, many regulators and Fed employees believed that the banks were not as strong as the tests might indicate.

“This was a very generous decision for the banks,” Eisinger says. “They were able to pay millions to shareholders amid huge uncertainties.”

~

4closureFraud.org

Comments
2 Responses to “NPR | Did The Fed Help Banks While Ignoring The Risks? (AUDIO)”
  1. lvent says:

    UH….DUH…!! THE FEDERAL RESERVE IS THE BANKS..!! AND THE FEDERAL RESERVE BANK IS ALSO UNCONSTITUTIONAL AND ILLEGAL….AND SO IS THEIR MONEY AND THEIR ENTIRE MONETARY SYSTEM…….!! THE FEDERAL RESERVE BANK WAS INSTITUTED BY TRAITORS IN CONGRESS…. ABOLISH THE FED…! HOLD ALL POLITICAL TRAITOR ACCOUNTABLE….RESTORE OUR U.S. CONSTITUTIONAL BACK TO ITS ORIGINAL FORM AS WELL AS OUR U.S. BILL OF RIGHTS….!! ISSUE OUR OWN CURRENCY NOW…!!!! U.S. BANK NOTES BACKED BY OUR OWN RECOVERED STOLEN WEALTH AND HIJACKED NATURAL RESOURCE REVENUES………AND ISSUE U.S. BANK NOTES… VIA STATE BANKS…! FREEDOM, INDEPENDENCE, PROSPERITY AND NATIONAL SOVEREIGNTY WILL PREVAIL..!

  2. Jeff Freedom says:

    Umm yeah. There is little separation between the “Fed” and the “Banks”, i.e/ same team folks.
    NPR is an oligarch mouthpiece these days. It can’t be said enough their “NEWS” organization has decidely ingored millions who have lost their homes. Don’t get me started on how NPR supported each and every expensive foreign war as if their briefings were handing to them by the Gov. Perhaps NPR should re-name to National Corporate Radio or NCR.

Leave a Reply