When The Foxes Run The Henhouse [1]
Sen. Bernie Sanders (I-Vt.). (photo: WDCpix)
What happens when the banks regulate themselves? They award themselves 4 trillion in loans courtesy of the American people...
"This report reveals the inherent conflicts of interest that exist at the Federal Reserve. At a time when small businesses could not get affordable loans to create jobs, the Fed was providing trillions in secret loans to some of the largest banks and corporations in America that were well represented on the boards of the Federal Reserve Banks. These conflicts must end," Sanders said.