Monday, December 22, 2008

Banks Refuse To Disclose How Bailout Money Is Spent

Lawmakers summoned bank executives to Capitol Hill last month and implored them to lend the money — not to hoard it or spend it on corporate bonuses, junkets or to buy other banks. But there is no process in place to make sure that's happening and there are no consequences for banks who don't comply.

read more | digg story

No comments:

11-20-2024-B

Democratic Wins Media @DemocraticWins · Nov 18 BREAKING: Donald Trump is considering taking away Medicaid and food stamps from up to 70 mill...