Flip-flopping: Bernanke looks to create "bad banks"

Discussion in 'Wall St. News' started by saliva, Jan 14, 2009.

  1. Bernanke wants the government to give banks -- brace yourself -- more money, and to help homeowners in trouble. He would do this by buying back the toxic assets burning a hole in bank balance sheets. For that problem, he thinks we should create "bad banks."

    Didn't we already go through this? Plus, who is this bozo out to really "save"? Homeowners or bankers?

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