However, at last, FED seems to have disclosed the list.
The 35 companies in question:
Royal Bank of Scotland Group
Danske Bank A/S
ING Groep NV
Deutsche Post AG
Erste Group Bank AG
Free State of Bavaria
HSH Nordbank AG
HSBC Holdings PLC
DZ Bank AG
Republic of Korea
Sumitomo Mitsui Banking Corporation
Banco Espirito Santo SA
Bank of Nova Scotia
Mizuho Corporate Bank, Ltd.
Mitsui & Co Ltd
Bank of Montreal
Caixa Geral de Depósitos
Mitsubishi UFJ Financial Group
Shinhan Financial Group Co Ltd
Royal Bank of Canada
One may be forgiven to believe that via its FX liquidity swap lines the Fed only bailed out foreign Central Banks, which in turn took the money and funded their own banks. It turns out that is only half the story: we now know the Fed also acted in a secondary bail out capacity, providing over $350 billion in short term funding exclusively to 35 foreign banks, of which the biggest beneficiaries were UBS, Dexia and BNP. Since the funding provided was in the form of ultra-short maturity commercial paper it was essentially equivalent to cash funding. In other words, between October 27, 2008 and August 6, 2009, the Fed spent $350 billion in taxpayer funds to save 35 foreign banks. read more
And MBS list that FED purchased
This chart shows GS who declared "I'm doing God's work" has ever borrowed 84 times
Bank of AmericaGoldman Sachs (GS) borrowed 84 times (50 for just the dometic operations) from Fed's dealer facility (PDCF) from Sept. 15 to Nov. 26, 2008 for amounts ranging from USD 100mln to USD 18bln
Bank of America borrowed 118 times from the PDCF from Sept 18 2008 to May 2009, in amount ranging from $375 million to $11 billion. A graphic visualization of BofA borrowings on PDCF
Refer the details about bailout at the release document by FED if you wanna know more.
Release Date: December 1, 2010
They eased the regulation of Glass-Steagall Act by slipping into the government, sold many deceitful financial products like the subprime mortgage and CDS (Weapons of mass destruction), developed various absurd business in the world and then earned a large amount of money.
About the subprime mortgage business model by the wall street and FED
And about Private bank FED not federal!!
And FED fraud banking system
So we need to be careful of their solution and I recommend you to watch also this video.
doesn't always present the right solution.
BUT Why is a lot of our tax used for bailout to such financial Mafia which had been swindle?
BTW to tell the truth, People swindled by FED is not only American tax payer. The central and private banks in the whole world have cooperated with FED. It is especially China, Japan and U.K.