[FromLori]

What about the back door bailouts?

Unlimited credit for GSEs seen as backdoor bailout

http://www.reuters.com/article/idUSTRE6044YU20100105

Is Fannie bailing out the banks?

http://finance.fortune.cnn.com/2011/01/03/is-fannie-bailing-out-the-banks/

And the other ways they are bailing them out?

“Because the US government is lending money to the big banks at near-zero interest rates. And the banks are then turning around and lending that money back to the US government at 3%-4% interest rates, making 3%+ on the spread. What’s more, the banks are leveraging this trade, borrowing at least $10 for every $1 of equity capital they have, to increase the size of their bets. Which means the banks can turn relatively small amounts of equity into huge profits—by borrowing from the taxpayer and then lending back to the taxpayer.”

In full http://www.zerohedge.com/article/no-big-banks-have-not-paid-back-government-bailouts-and-subsidies?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed:+zerohedge/feed+(zero+hedge+-+on+a+long

Fed slashes key rate to near zero

http://money.cnn.com/2008/12/16/news/economy/fed_decision/index.htm

Where is the Money?
Eye on the Bailout

http://bailout.propublica.org/list

[runninglips]

DUH, I remember at the time that the financial regulation pushed through both made it possible to have bailouts without a Congressional vote, and made them up to the people giving them the loans....the FEDERAL RESERVE.