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Like $2 trillion from loans, goldman sachs $800 billion, even though they d been denying it before, numbers that were huge. basically to sell this story to my editors, we looked for the craziest name on the list. and the craziest name was christy mack who at the time was the ceo of morgan stanley. and she was involved with a company called waterfall opportunity, her and another woman named susan karches. they created the company. they got $220 million from the fed to invest in student loans and commercial mortgages. just so this is clear, the wife of the ceo of morgan stanley got $200 million plus of our tax dollars to buy up paper. right. had she been in business before? not that i can i was able to ascertain. just the wife of the ceo? exactly. exactly. $200 million? $200 million. and it was set up in a very ....
Foepelein congress have been fighting to open the fed s books and have been unsuccessful. alwinheri two mag tgea en 0d 09 and the records are from the bailout period. this covers trillions of dollars in loans, 21 transactions. we looked at the craziest names on the list. and the craziest ones were these two housewives that were wives of morgan stanley executives. christy mack, the ceo of morgan stanley and she and susan karches got a loan to invest in student loans and commercial mortgages. i want to review the quotes from the stories. the key aspect of talf is the fed doles out the money for nonrecourse loans. if you don t pay the fed back, ....
The people who turned me on to the story were bernie sanders office. and they re looking through this list and they find not only a number of foreign banks, there s a bank of bavaria, the arab bank of bahrain, 63% owned by the libyan central bank. they got a $35 billion from the loan from the fed, a low-interest loan. there were foreign car companies, you know, mitsubishi, folks with a again, toyota. by the same time we re bailing out gm and ford, we re providing billions of dollars in assistance to foreign car companies and no answers to why they were doing that. no answers. what else were you able to uncover? you weren t able to get light completely shed on? the names on the list are startling. aside from christy mack and susan karches, wayne huizenga, the former owner of the miami dolphins, he s on the list. the hedge fund guy tied up in ....