Finance and Economics > Economic News, the Global Economy and all Things Monetary

U.S To Bail Out Foreign-Based Banks As Well?!?!?


Patriot:Ex Machina:
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.


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.


[0] Message Index

Go to full version