http://www.subprimelosses.com/blog/index.php/2008/12/04/off-balance-sheet-entities-securitization-gone-wild/ Tue, 07 Sep 2010 08:43:16 +0000 http://wordpress.org/?v=2.7 hourly 1 http://www.subprimelosses.com/blog/index.php/2008/12/04/off-balance-sheet-entities-securitization-gone-wild/comment-page-1/#comment-6293 Jeef Wed, 10 Dec 2008 15:35:26 +0000 http://www41.a2hosting.com/~subpr1m3/blog/index.php/2008/12/04/off-balance-sheet-entities-securitization-gone-wild/#comment-6293 What is not mentioned here is the $7.5 trillion already dumped into the Level 2 equity assets of Merril, Chase, Bank of America, XL Capital, First Horizon, US Bankcorp, Wachovia, PNC US, SunTrust, Wells Fargo, Capital One, WaMu and Nat City just to name a few. What is a disgrace is that the big three automakers are brought in front of the public for interrogation while none of these private companies executives have - Why? Collaboration with the Federal Reserve - the most powerful private bank in the world - privately without public knowledge? What is not mentioned here is the $7.5 trillion already dumped into the Level 2 equity assets of Merril, Chase, Bank of America, XL Capital, First Horizon, US Bankcorp, Wachovia, PNC US, SunTrust, Wells Fargo, Capital One, WaMu and Nat City just to name a few. What is a disgrace is that the big three automakers are brought in front of the public for interrogation while none of these private companies executives have - Why? Collaboration with the Federal Reserve - the most powerful private bank in the world - privately without public knowledge?

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