Wednesday, October 22, 2008

Guess Where YOUR Bailout $$ Is Going? - Bank Mergers

The Wall Street Journal reports that, rather than extending credit to embattled American consumers, banks may use recently allocated taxpayer funds to gobble up competitors. Zions and BB&T are eager to go shopping for attractively priced banks, and are considering accepting government funds to do so

read more | digg story

No comments: