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  • E.Z. Rider September 17, 2008, 5:11 pm

    How can the “Federal” Reserve Bank act apart from the U.S. Federal Government as if it is a separate entity?
    Is it a privately or publicly held corporation?
    This appears not to be nationalization, but rather an exposure of what might never have been nationalized.
    E.Z Rider

US Federal Reserve Bank reinsures AIG

You might call it a shotgun nationalisation. Let’s hope it works.

Who are AIG – how much of the western financial world did they insure?

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