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To: Orange1998
I knew this engineered pay back stuff was 99.99% bogus. Has anyone of the really written a check on funds not borrowed.
2 posted on 12/12/2009 10:20:24 AM PST by org.whodat
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To: org.whodat

When you consider the banks origional name, it makes sense. “Bank of Italy”.


5 posted on 12/12/2009 10:23:01 AM PST by RC2
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To: org.whodat
Um, you do know that every bank in existence funds all of its assets and every payment it makes with some debt or another, right?

This is just more banker-hating class war spin trying to ignore away the inconvenient fact that TARP worked, is being repaid, is making the treasury money not costing it money, and the banks are now sound as a result. Half the world predicted the opposite as loudly as possible, but they are immoral idiots and flat wrong about every scrap of it.

6 posted on 12/12/2009 10:24:31 AM PST by JasonC
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