Author Topic: U.S To Bail Out Foreign-Based Banks As Well?!?!?  (Read 2466 times)

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U.S To Bail Out Foreign-Based Banks As Well?!?!?
« on: September 22, 2008, 02:18:25 PM »
I found this article today while pouring over the day to day jibber-jabber of the internet.
I thought you folks might want to check this out.
It's not a very good sign.

POSTED FOR FAIR USE:
http://www.politico.com/news/stories/0908/13690.html


Exclusive: Foreign Banks May Get Help

By MIKE ALLEN | 9/21/08 7:24 AM EDT   Text Size:    
 
 
 
In a change from the original proposal sent to Capitol Hill, foreign-based banks with big U.S. operations could qualify for the Treasury Department’s mortgage bailout, according to the fine print of an administration statement Saturday night.
Edited by SW, due to copyright issues -- please see here for Fair Use info.
« Last Edit: September 08, 2010, 08:09:54 PM by Sister Wolf »