Good banks were *tricked* into taking free money from the government. Is that about the size of it AHF?
So say the bankers, coyly feigning to return the money, but this is substantially correct.
Better that than something haphazard -- yet again -- wouldn't you say? Even a *dirty* plan would be better than nothing at all.So they're going to have their hands in the pockets of a lot more than just the big boys. Methinks that initial forcing of funds on several banks was planned, given this new law.
Dirty.
Good banks were *tricked* into taking free money from the government. Is that about the size of it AHF?
JPMorgan Chase was forced to take the funds they didn't need.
I don't dispute it, but I can't make your point for you. What was it?
That government valkyries choose winners and losers should be a generally accepted fact by now. The Economic Stabilization Act and the TARP made it so.
Last edited by Winehole23; 03-19-2009 at 09:50 PM.
There are currently 1 users browsing this thread. (0 members and 1 guests)