Monday, October 27, 2008

Banks Using Bailout Money To Buy Other Banks, Not Make Loans

Washington told taxpayers a major rationale for us to fork over $700 billion to banks was to save the American economy by making loans more accessible, but it looks like at least at Chase they rather use it to buy other banks

read more | digg story

No comments:

11-5-2024

  LIVE FINAL RALLIES: KAMALA PHILLY... DONALD GRAND RAPIDS... NEW HAMPSHIRE SHOCK POLL: HARRIS +28... 3-3: Dixville Notch Splits... RECORD 7...