Fed Owner, Citi – Group Banking On Our Ignorance – Andrew Gause 11.26.08
This can happen only in the movies! Citi Group, one of the primary owners of The Fed, muscles Wachovia into selling by withholding their credit. Citi receives a massive newly created secret tax break, and loans the billions of Wachovia deposits to ‘We The Peoplein exchange for Treasury Bonds….take a breath….U.S. Treasury places this cash…