Ouch... There went the future. Bloomberg: $16 trillion — The “total transaction amounts” for Fed lending included in a July 21, 2011, study by the Government Accountability Office, a non-partisan investigative agency that reports to Congress. The Fed’s Dec. 6 memo said it was inaccurate to describe that amount as the total of its lending and guarantees, as some websites did. See all the trillions bleed out at:
http://www.bloomberg.com/news/2011-12-23/fed-s-once-secret-data-compiled-by-b...
http://www.bloomberg.com/news/2011-12-23/fed-s-once-secret-data-compiled-by-b...
