Sunday, February 22, 2009

Was there an attack on our financial system?

Rep. Paul Kanjorski, D-Pa, chairman of the Capital Markets Subcommittee of the House Financial Services Committee:
"On Thursday [before Sept.15 '09] at about 11 o'clock in the morning, the Federal Reserve noticed a tremendous drawdown of money market accounts in the United States to the tune of $550 billion, as being drawn out in the matter of an hour or two."
This is one side.
And now for the other side...
Maybe the 500 billion run which didn't happen.
Here is also the video where Kanjorski made the statement (he sounds sane to me).

And Fwiw: Bill O'Reilly really rips into one guy who might have the means and motive to pull off such a move and maybe cover it up. Watch the video.

At this point I have no clue on the truth of this case.
But it is fun to watch the fall-out.

No comments:

Post a Comment