Open in TheBrain

May 2011

3 May 2011

  1. Announcement that Bin laden has been killed & body disposed over the Atlantic.

18 May 2011

  1. US Reaches DEBT CEILING at $14.29 Trillion of the current limit of $14.3 Trillion. U.S. Treasury Secretary Geithner suggests that he has contingency plans to move existing funds around to avoid default until 2 August 2011. PIMCO, Mohammed Elrian advises that if the ceiling is not lifted the mitigation to the entire monetary system unprecedented.

26 May 2011

  1. US – Secret funding program uncovered between Federal Reserve & Goldman that neither Congress nor Goldman shareholders knew about
  2. HSBC & Goldman held $335 million of Libyan funds