Banks assure lawmakers they're using bailout to make loans

Discussion in 'Wall St. News' started by GermanTrader, Nov 13, 2008.

  1. Oh sure, I believe you. Our leaders gave you carte blanch to spend as you saw fit, and we asked for no documentation. Why would we even question you, the ones who have been entrusted with a million dollars of debt for every middle-class working and taxpaying adult American? Why would we ever doubt the wisdom of the Treasury Department and that nice little private company who distributes our money, the Fed?
  2. Might have been easier just to let the Fed make loans to the public, and put the banks out of business...
  3. LOL, HIG is gonna become an S & L so they can get $3bb TARP money to buy some bank?