The Federal Reserve had secrety committed $7.77 trillion as of March 2009 to rescue the financial system.
The Fed fought for more than 2 years to keep details of the largest bailout in U.S. history a secret and didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Also, the Banks didn’t mention that they took tens of billions of dollars in emergency
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