Page 7 - Mark Pitman News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tributes paid to 'unsung hero' who devoted half a century to Port Talbot Football Club Eddie Phillips did everything for the club - even knocking on the doors of houses to retrieve stray balls that had left Victoria Road and found their way in people's gardens Updated Eddie Phillips, who was involved with Port Talbot Football Club from the 1970s onwards, has died aged 77 (Image: Lewis Mitchell) There are always big stories on WalesOnline - don't miss any with our daily emailInvalid EmailSomething went wrong, please try again later. Sign me up now When you subscribe we will use the information...

Hook. >> yes. >> that's the infinite guarantee. they don't have $28 billion. they're inventing it, and they don't want to tell us what they use the money for. is that all? >> to a certain extent, yes. so, it wasn't until march of this year that this bloomberg lawsuit. the late mark pitman who undertook that that the fed did release the list of assets that they were -- >> only in the face of a bloomberg lawsuit that we got this information. is that correct? >> that's correct. we dug through the assets. we went back and looked at the quality that they were back in 2008. bear stearns collapsed th...

Absorbing, quote, investment grade assets. >> who did they say that to? >> the senate public hearing. >> and what was said? >> there was a footnote in the written testimony of geithner that said as of march 14 of twooigt, all the cash assets had to be invested. by the time they spoke on april 3rd, $40 million of clat rised debt obligations were down to junk. by the time the deal closed in june, over 170 million of the same had been downgraded to junk. we took this information and we took it to the congress people who were there when they spoke. they sid, indeed, they felt the quality of the as...