San José, CA – In late September massive popular opposition to the Bush administration’s bank bailout plan led to its defeat in Congress on Sept. 29. But behind the backs of the American people, the Federal Reserve and the Treasury, with the cooperation of leading Democrats in Congress, were orchestrating an even larger bailout. Between mid-September when the investment bank Lehman Brothers failed, and the end of October the Federal Reserve quietly lent out more than $1 trillion (one thousand billion) dollars, or almost 40% more than the ‘public’ $700 billion bank bailout.