Missing Billions

Jim kd7nnv at GMAIL.COM
Thu Feb 12 01:43:43 MST 2009


The other day Paulson said in September the government discovered one
day that $500 billion had been withdrawn from money market accounts and
called it an electronic run on the banks.  Wednesday Quinn took calls
from several people who said on that day large sums of money had been
withdrawn from their accounts without their knowledge or consent.

Then Quinn made a good point.  He asked who took the money and why had
we not heard of this withdrawal before.  It makes sense that the
government would want to keep the lid on this.  What kind of panic would
it cause if people had turned on the evening news and heard that half a
trillion dollars had been stolen from people bank accounts by electronic
means.



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