Rep. Kanjorski: $550 Billion Disappeared in "Electronic Run On the Banks"
Video
Rep. Paul Kanjorski of Pennsylvania explains how the Federal Reserve told Congress members about a "tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars." According to Kanjorski, this electronic transfer occured over the period of an hour or two.
http://informationclearinghouse.info/article21964.htm
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=money+market
http://freepage.twoday.net/search?q=Kanjorski
Rep. Paul Kanjorski of Pennsylvania explains how the Federal Reserve told Congress members about a "tremendous draw-down of money market accounts in the United States, to the tune of $550 billion dollars." According to Kanjorski, this electronic transfer occured over the period of an hour or two.
http://informationclearinghouse.info/article21964.htm
http://freepage.twoday.net/search?q=Federal+Reserve
http://freepage.twoday.net/search?q=money+market
http://freepage.twoday.net/search?q=Kanjorski
rudkla - 11. Feb, 09:26
