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Monday, December 29, 2008

Bank execs refusal to say where bailout money is going is wrong

Bank execs refusal to say where bailout money is going is wrong
"...Apparently in a huge rush to keep the economy from being flushed down the toilet, Congress handed over $700 billion without asking for an accounting. The same Congress that, a few months later, demanded the auto industry bow and scrape while begging for a loan -- loan, not bailout -- to stay solvent and then still refused the loan...."
Reference: blog.mlive.com

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