More like $16 trillion: http://www.rawstory.com/rs/2011/07/21/audit-fed-gave-16-trillion-in-emergency-loans/ http://www.rawstory.com/rs/2011/07/21/audit-fed-gav

More like $16 trillion: http://www.rawstory.com/rs/2011/07/21/audit-fed-gave-16-trillion-in-emergency-loans/ http://www.rawstory.com/rs/2011/07/21/audit-fed-gave-16-tril... So this story isn't exactly news. Here is a good timelime of the economic crisis, all the way back to WWII: http://www.jamesaltucher.com/2011/11/pearl-harbor-caused-the-financial-crisis-of-2008/ http://www.jamesaltucher.com/2011/11/pearl-harbor-caused-the...