New York Fed Probes Wall Street Exposure to BP Say Sources | WHAT REALLY HAPPENED


New York Fed Probes Wall Street Exposure to BP Say Sources

The Federal Reserve Bank of New York has been probing major financial firms' exposure to BP Plc to ensure that if the oil giant buckles under the costs of the Gulf oil spill, it won't put Wall Street or the global financial system at risk, according to two sources familiar with the matter.

Webmaster's Commentary: 

"No problem; we'll just get another taxpayer bailout!"

Comments

SHARE THIS ARTICLE WITH YOUR SOCIAL MEDIA