Guess How Much Wall Street Borrowed From Fed During Crisis While Americans Went Bust?

Guess How Much Wall Street Borrowed From Fed During Crisis While Americans Went Bust?: After months of litigation and an act of Congress, Bloomberg has an exclusive on the massive lending by the Federal Reserve to Wall Street banks during the height of the financial crisis in 2008.
On top of the $160 billion in loans from the Treasury Department, banks — including those based overseas — borrowed $669 billion from the Fed, with the Fed's peak balance at one point reaching a staggering $1.2 trillion.
According to Bloomberg, the $1.2 trillion is about the same amount as homeowners owe on 6.5 million delinquent mortgages, three-times the size of the federal deficit in 2008, and more than the total earnings of federally insured banks in the last decade.