Maxine Waters Needs to Subpoena Details of the Fed’s Dirtiest Bailout

By Pam Martens and Russ Martens: April 22, 2019 ~   Based on data that Wall Street On Parade has newly compiled, there is a strong suggestion that the Federal Reserve conspired with at least three of the largest Wall Street firms to hide their teetering condition from the public during the financial crisis, despite the fact that these were all New York Stock Exchange listed companies with a duty to reveal material, adverse financial information to the public in a timely fashion. If Maxine Waters wants to leave her mark in history as Chairman of the House Financial Services Committee, she will subpoena records from the Federal Reserve on its biggest and dirtiest bailout program, known as the Primary Dealer Credit Facility (PDCF). She and her colleagues must then demand answers from Fed witnesses during the hearing Waters has scheduled for May 16 at 10:00 a.m. The upcoming hearing … Continue reading Maxine Waters Needs to Subpoena Details of the Fed’s Dirtiest Bailout