A couple things to note as you read this piece. First, as we have pointed out, the Fed claims that it has gotten all the loaned money back, plus a profit. What the Fed propagandists DON'T mention is that the money that their borrower-bank-cronies gave back came from, yeah, you got it, the US government (in the form of the TARP, and five other federal programs). The shell-game money switches were often done through bank subsidiaries, such as noted toward the end of the article to be linked below (note how Bank of America SECURITIES LLC took billions from the federal gubment's TAF bailout program, in order to pay off a Federal Reserve "loan" to Bank of America -- and in exchange, the federal government got a bunch of worthless "equity" in the form of worthless homes, which are now owned by, yeah, YOU GOT IT, Fannie Mae, which, in turn, now needs BILLIONS more from the federal gubment to stay afloat.) It's all a mirage: Banks get "loans" from the Federal Reserve, and pay the Fed back "with interest" by getting US government bailouts, and as they get "bailed out", they get to sell their bad assets to the federal government or Fannie Mae (really to be read: THE FEDERAL GOVERNMENT, because Fannie is a creation of the Congress and survives off your tax money)... It's all fake. The paybacks are fake, the profits off 'interest' are fake -- all of it is based on tax-subsidies and borrowed funds from the federal government, and where does the federal government sell 70% of its long-term debt instruments? Yeah, YOU GOT IT, to the FEDERAL RESERVE.

Find the pea under the shells yet?

http://www.bloomberg.com/news/2011-08-21/wall-street-aristocracy-got-1-2...

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