Wall Street Aristocracy Got $1.2 Trillion in Secret Loans
Bradley Keoun and Phil Kuntz
New York, NY
Loans to major American banks and other financial institutions, details of which had not been disclosed publicly in other bailout coverage, turned out to reach $1.2 trillion, according to data released by the Federal Reserve as part of a FOIA lawsuit brought by Bloomberg.
Bloomberg also created a data-visualization tool, at http://www.bloomberg.com/data-visualization/federal-reserve-emergency-lending, which lets viewers compare borrowers by various measures.
Citigroup Inc., Bank of American Corp., Federal Reserve, U.S. Treasury, loans, Ben Bernanke, Morgan Stanley, collateral, credit
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