Thread: OT - Can we afford to fix the banks?
View Single Post
  #2   Report Post  
posted to rec.boats.cruising
Larry Larry is offline
external usenet poster
  
First recorded activity by BoatBanter: Jul 2006
Posts: 5,275
Default OT - Can we afford to fix the banks?
Larry wrote in news:Xns9B83E75D8B5EEnoonehomecom@
74.209.131.13:

"So far, Treasury has invested more than $162 billion in 207 banks. The
department set aside $250 billion from the bailout fund to be used for
direct investments in banks."



http://biz.yahoo.com/ap/081229/gmac_financing.html
Now the corporation finance companies want to become banks so THEY can be
part of the handout!

Reply With QuoteReply With Quote