The entire fourth chapter of Crisis by Design The Untold Story of the Global Financial Coup is an expose of Goldman Sachs’ reprehensible relationship with the U.S. Government and the Federal Reserve Bank.
Now, in a December 15, 2010 article at the Economicpolicyjournal.com, Eric Fry reveals the fact that Goldman, having borrowed $10 billion from the Fed at the high point of the financial crisis, repaid the loan by turning around and selling the central bank billions in refuse-quality mortgage backed securities.
The outrageous arrangement gives new meaning to the term incestuous relationship.
