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</html><description>Federal Reserve chairman Ben Bernanke was confronted by Congressman Alan Grayson about which foreign banks were the recipients of Federal Reserve credit swaps, but he was unable to provide an answer as to where over half a trillion dollars had gone. Asked which European financial institutions received the money, which was handed out by The Federal Open Market Committee (FOMC), a component of the Federal Reserve System, Bernanke responded, &#x201C;I don&#x2019;t know.&#x201D; &#x201C;Half a trillion dollars and you don&#x2019;t know &hellip; Continue reading &rarr;</description></oembed>
