[deMolay]

Still no answers about who started the over 500B run on the US Banking system. If the window had not been closed by days end would have been over 5 Trillion pulled out of system and a US Total collapse. http://www.youtube.com/watch?v=pD8viQ_D ... /politics/

[deMolay]

It seems the UK had a Run on the UK as well. http://www.independent.co.uk/news/busin ... 39413.html

[pedalling_faster]

Still no answers about who started the over 500B run on the US Banking system. If the window had not been closed by days end would have been over 5 Trillion pulled out of system and a US Total collapse. http://www.youtube.com/watch?v=pD8viQ_D ... /politics/

actually i think it was Thursday September 18. the 2 week period where Lehman Bros. failed on Mon. Sept. 15, and WaMu was assigned to JPMorgan Chase Thursday Sept. 25.

i suspect the "Run on the Bank" was done on purpose, to precipitate the various reactions, such as TARP, since there's plenty of money to be made from such programs.

some of the money trails lead to Switzerland, where Swiss banking secrecy laws impede the investigation.

in Madoff's case, i think a lot of the money made its way into bank accounts in Israel. i don't have the URL handy but that was reported in one of the Madoff articles.

obviously, someone/ some groups are playing as if there's no tomorrow.

Riddle - if someone was nervous enough about US banking to make a run on the bank, why would they stop withdrawing money, just because the US government announces program XYZ ?

doesn't make sense, if their goal is to safeguard their money.

[deMolay]

They didn't stop withdrawing the money, the Gubmint shut it down.

[uNkNowN ElEmEnt]

If someone wants their money is the government going to be able to shut it down for the last 5 months? It does seem as though this is manufactured. <- not a conspiracy nut.

[Cloud9]

Roosevelt did stop the run on gold.

[Jotapay]

Remember that this was conveniently done the day before Congress was to vote on the TARP, if I remember. It's just another manufactured crisis to get a reluctant Congress to do what TPTB want (bankers, in this case). The American people have gotten wholesale robbed by the TARP and other bailout packages. Bernanke will not answer any questions about who received the money, and newspapers have reported over $2 trillion of American taxpayer money went OVERSEAS. No idea where it went though, because the Fed won't say.