Where did the Bailout Money Go?

Posted by Mike at 1:55 AM

John Stossel on ABC 20/20 (12/19/08)"While the media focuses on those billions, the Federal Reserve Bank is quietly committing trillions of your tax dollars. What collateral did the fed get for its trillions in loans? They won't say.Where has the Fed put trillions of your dollars? The Fed won't say.The answer to the question, "Where is the Money"? is "We don't know!" They say, "It's a secret""