Felkerson, Wray's grad student, on his research at AlterNet

While the 99% suffered hardship, a new study shows that the Fed propped up buddies in the banking industry and a vast shadow banking system far beyond what anyone has guessed.

Read it at AlterNet
Bail-out Bombshell: Fed "Emergency" Bank Rescue Totaled $29 Trillion Over Three Years
J. Andrew Felkerson