Comments on: Motorcycle Diaries Part XIII http://arabcomment.com/2008/motorcycle-diaries-part-xiii/ where the Arab world thinks out loud Wed, 16 Jun 2010 15:56:58 +0000 hourly 1 http://wordpress.org/?v=3.0.1 By: jollyroger http://arabcomment.com/2008/motorcycle-diaries-part-xiii/comment-page-1/#comment-240 jollyroger Wed, 09 Apr 2008 16:41:02 +0000 http://arabcomment.com/2008/motorcycle-diaries-part-xiii/#comment-240 "The latter was a fatwa commissioned directly by the Federal Reserve, because US banks cannot legally refrain from paying interest on deposits, so they do issue the interest and receive it back from these unlikely Muslim benefactors, which the banks then record in their books as donations or unclaimed funds" WTF??!! Giving new dimensions to the concept "fiduciary"... Does this actually happen? (off to Google for a looksee) “The latter was a fatwa commissioned directly by the Federal Reserve, because US banks cannot legally refrain from paying interest on deposits, so they do issue the interest and receive it back from these unlikely Muslim benefactors, which the banks then record in their books as donations or unclaimed funds”

WTF??!!

Giving new dimensions to the concept “fiduciary”…

Does this actually happen?

(off to Google for a looksee)

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