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Tuesday, March 17, 2009

Why bailout money goes to banks...

Why bailout money goes to banks...
"...President Obama promised Monday to halt the $165 million in bonuses to disgraced financial wizards at insurer AIG and announced a new $15 billion government lending program for small businesses, ordinary people were asking a simple question: Why not give the money to them to buy a new car or pay off a mortgage or just deposit in a bank?..."

File Under: Bank Bailout
Reference: www.sfgate.com

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