USA Bailed Out Libya

A couple years ago Libya was such a friend the Federal Reserve provided Libya a $25 billion financial bailout. Now Libya is our enemy. This is insane:

Arab Banking Corp., the lender part- owned by the Central Bank of Libya, used a New York branch to get 73 loans from the U.S. Federal Reserve in the 18 months after Lehman Brothers Holdings Inc. collapsed.

The bank, then 29 percent-owned by the Libyan state, had aggregate borrowings in that period of $35 billion ...