To: Azeem
"What's more, under the terms of the Treasury's capital purchase program, a bank can only buy out the government's stake as long as the money comes from an equity offering of a similar amount that meets government approval."
Just the beginning. Get them indebted with easy money then refuse to let them pay it back unless some bureaucrat, who's job and general influence could depend on extending this, says it's okay.
7 posted on
02/06/2009 5:20:59 AM PST by
allmost
To: allmost
Just the beginning. Get them indebted with easy money then refuse to let them pay it back unless some bureaucrat, who's job and general influence could depend on extending this, says it's okay. Otherwise the wall street sharks will try and pay you with monopoly money.
23 posted on
02/06/2009 5:51:41 AM PST by
org.whodat
(Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
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