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Wednesday, July 24, 2019 12:26:14 PM
http://archive.fo/27ZRA
"...What the public knew about the bailout of Bear Stearns, which potentially included Liquid Funding Ltd., prior to the Fed audit was the public announcement that JPMorgan Chase was buying the firm in 2008 in a fire sale and further details provided in the final report of the Financial Crisis Inquiry Commission (FCIC). The FCIC report explained that the Federal Reserve Bank of New York had created a Special Purpose Vehicle called Maiden Lane LLC that used proceeds from a $28.82 billion senior loan from the New York Fed and a $1.15 billion loan from JPMorgan Chase to purchase approximately $30 billion of Bear Stearns’ toxic assets on which JPMorgan Chase wanted the Fed to bear the brunt of any losses...Was Liquid Funding Ltd., the entity chaired by Jeffrey Epstein long after he was already recognized as a sexual molester of minors, part of the Bear Stearns’ bailout by the Federal Reserve? It was reported to be 40 percent owned by Bear Stearns in multiple regulatory filings..."
Oh my. Does this mean FnF shareholders unknowingly financed Jeffery Epstein's pedo island too??? Maybe that dinner with Hank and Tim was more than a fren-ly chin-wag. Keystone indeed.
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