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To: jiggyboy
Treasury Department, eh? Shhh, don’t call it a bailout.

The banks are putting up their own money. The role of the Treasury is they initiated contact with the banks to encourage them to come up with a plan.

14 posted on 10/13/2007 10:48:15 PM PDT by Moonman62 (The issue of whether cheap labor makes America great should have been settled by the Civil War.)
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To: Moonman62
The banks are putting up their own money.

That is burst-out-laughing funny, in a system of fractional reserve banking and "thin air money" creation!!!!

20 posted on 10/14/2007 6:50:18 AM PDT by Travis McGee (---www.EnemiesForeignAndDomestic.com---)
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