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Message: I wonder where the madmen are?

So the flavour of the year the last two years was to help Libya and now they impose a no fly rule in place so that the rebels can overthrow a gov't and the west thinks Khadafi is a lunatic????


WASHINGTON — The Federal Reserve lent a Libyan state-backed bank billions of dollars during the financial crisis, documents made public on Thursday have revealed.

The Arab Bank Corporation, which is today 59.3 percent owned by the Libyan government, borrowed in slices as big as $1.175 billion from the US central bank.

At the time the bank was not majority owned by the Tripoli government; other shareholders included the Kuwait Investment Authority and the Abu Dhabi Investment Authority.

The Bahrain-headquartered firm appears frequently in the Fed’s records of its emergency short-term lending facilities between March 2009 and March 2010.

Since then the United States has slapped sanctions on the Libyan regime and sought to isolate Moamer Kadhafi and his top lieutenants.

The Arab Bank Corporation, which is chaired by the head of Libya’s state investment fund, however is not subject to Libyan sanctions.

What's next ...Loans to The Bank of Al Qaeda

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