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Secret Fed Loans Gave Banks Undisclosed $13B

Secret Fed Loans Gave Banks Undisclosed $13B
So here’s what I got from this.

  • Howard Opinsky, a spokesman for JPMorgan (JPM), declined to comment about Dimon’s statement or the company’s Fed borrowings.
  • Jerry Dubrowski, a spokesman for Bank of America, also declined to comment.
  • Andrea Priest, a spokeswoman for the New York Fed, declined to comment,
  • Jon Diat, a spokesman for Citigroup, yep, declined to comment.
  • Mark Lake, a spokesman for Morgan Stanley, declined to comment,
  • Spokesmen for Citigroup and Goldman Sachs declined to comment.
  • Anthony Coley, a spokesman for Geithner, declined to comment.

I am just so glad that I live in a free capitalist democracy.

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