Posted on 03/23/2017 9:11:56 AM PDT by C19fan
Federal prosecutors are building cases that would accuse North Korea of directing one of the biggest bank robberies of modern times, the theft of $81 million from Bangladeshs account at the Federal Reserve Bank of New York last year, according to people familiar with the matter.
(Excerpt) Read more at wsj.com ...
How can the FED be so stupid. That concerns me more!! Did tax payers cover this loss?
// How can the FED be so stupid //
I assume that is a rhetorical question.
The president of the NY Fed, William Dudley, began in that position in January 2009 and is a Berkely grad, and previously worked at Goldman Sachs. He was preceded by Tim Geithner.
This is a joke. The Fed prints 559 Billion a year that they admit to, right out of thin air. In effect, they are stealing that value from our pockets in reduced value of the dollar.
The Nork robbery amounts to .000144% of that amount. I’m more interested in the real bank robbers. They wear suits and live in NYC and London and Frankfurt.
Obviously they need to still bug Trump and his people to get to the bottom of this.
Which is more surprising, that the Norks did it or that Bangladesh had $81 million?
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