Timothy Sumer

The Federal Reserve gave banks a much larger bailout than the infamous TARP. A Bloomberg report with the details is broken down by Cenk Uygur of The Young Turks. Cenk also explains the relevance to the Occupy Wall Street movement. Subscribe to The Young Turks: The Largest Online New Show in the World. Google+: Facebook: Twitter: ... ( read more ) LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The Occupy Wall Street movement had its roots in the global economic crisis of 2008, which triggered a massive bailout of financial institutions by the US government. At the time, the government promised to rescue the banks and prevent a complete collapse of the economy by injecting funds into them. The Troubled Asset Relief Program, or TARP, was established to implement this rescue package. However, in recent years, it has come to light th...