Fed loans to US banks were $ 7.77 Trillion by March 2009

[Abhinav Choudhry]

Outstanding and startling journalism.

http://www.bloomberg.com/news/2011-11-28/secret-fed-loans-undisclosed-to-congress-gave-banks-13-billion-in-income.html#disqus_thread

There is noting to comment on this. the spirit of the article is self
explanatory.
One could go through some comments also as they make for interesting
reading especially as there are some views differing from the
article(though these have their counters too).