Jane over at Firedoglake posted this video a couple of days ago in reference to a video Rep. Alan Grayson (D-FL) posted earlier this year, asking where the money was going. Even last week a Federal Reserve Inspector General couldn't --or wouldn't-- say.
As Jane wrote:
One of the things we discussed was the refusal of Fed Vice Chair Donald Kohn to answer Alan Grayson's question in a House Financial Services hearing when the Florida Representative asked him to name the banks that the Fed was lending to. Bloomberg estimates that the US government and the Fed have now lent, spent or committed $12.8 trillion dollars in financial rescue, up 73% from November, when they estimated the amount to be $7.4 trillion.
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