Affiliate Marketing Secrets

The Federal Reserve and the big banks fought for more than two years to keep details of the largest bailout in U.S. history a secret. Now, the rest of the world can see what it was missing.
The Fed didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Bankers didn’t mention that they took tens of billions of dollars in emergency loans at the same time they were assuring investors their firms were healthy. And no one calculated until now that banks reaped an estimated $13 billion of income by taking advantage of the Fed’s below-market rates, Bloomberg Markets magazine reports in its January issue.
Saved by the bailout, bankers lobbied against government regulations, a job made easier by the Fed, which never disclosed the details of the rescue to lawmakers even as Congress doled out more money and debated new rules aimed at preventing the next collapse.
A fresh narrative of the financial crisis of 2007 to 2009 emerges from 29,000 pages of Fed documents obtained under the Freedom of Information Act and central bank records of more than 21,000 transactions. While Fed officials say that almost all of the loans were repaid and there have been no losses, details suggest taxpayers paid a price beyond dollars as the secret funding helped preserve a broken status quo and enabled the biggest banks to grow even bigger…
The size of the bailout came to light after Bloomberg LP, the parent of Bloomberg News, won a court case against the Fed and a group of the biggest U.S. banks called Clearing House Association LLC to force lending details into the open.
The Fed, headed by Chairman Ben S. Bernanke, argued that revealing borrower details would create a stigma — investors and counterparties would shun firms that used the central bank as lender of last resort — and that needy institutions would be reluctant to borrow in the next crisis. Clearing House Association fought Bloomberg’s lawsuit up to the U.S. Supreme Court, which declined to hear the banks’ appeal in March 2011.
$7.77 Trillion
The amount of money the central bank parceled out was surprising even to Gary H. Stern, president of the Federal Reserve Bank of Minneapolis from 1985 to 2009, who says he “wasn’t aware of the magnitude.” It dwarfed the Treasury Department’s better-known $700 billion Troubled Asset Relief Program, or TARP. Add up guarantees and lending limits, and the Fed had committed $7.77 trillion as of March 2009 to rescuing the financial system, more than half the value of everything produced in the U.S. that year.http://www.bloomberg.com/news/2011-11-28…

How does one get a student loan to study abroad if it’s not university affiliated? I attend a university but I don’t like their programs because I want to get into an intensive language school, not a university. Most of the lending institutions want a 4-year university. Also, my tuition is already waived in my university so I’m not paying anything and I don’t think they’re gonna certify my loan if I get one through them…

We were told that the Mop Fund was an organization which would and could write grants and was itself a lending organization. We have invested over $ 20,000 and have it seems only got the run around. This is supposed to be affiliated with the Little Italy Foundation and no validation of this company can be established. We were assured that a $2,000,000 loan would be done and it was out in a public notice over a year ago. We have since not gotten anything but what seems to be a series of demands for information which has been furnished previously. Would greatly appreciate appreciate any feedback.

I have several remodel contractors which write contract, average size is under $15k and quite often under 10K . They are looking for a lending solution for their clients. I am currently unable to provide this as a mortgage loan originator. I want to remedy this and add signature/remodel/credit card options. I am looking for reputable, stable companies to affiliate with. Your help is appreciated.