“I don’t know.”

[Alan Grayson:] “What’s that (the $553 billion amount)?”
[Ben Bernanke:] “Those are swaps that were done with foreign central banks. Many foreign banks are short dollars …”
[Alan Grayson:] “So who got the money?”
[Ben Bernanke:] “Financial institutions in Europe and other countries…”
[Alan Grayson:] “Which ones?”
[Ben Bernanke:] “I don’t know.”
[Alan Grayson:] “Half a trillion dollars and you don’t know who got the money?”
[Ben Bernanke:] “Um, um, the loans go to the central banks and they then put them out to their institutions to try to bring down short-term interest rates around the World.”