It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

The Government Pulls The Wool Over Our Eyes Again!!!!

page: 1
0

log in

join
share:

posted on Oct, 14 2008 @ 08:09 AM
link   
So the government has now decided they want to buy shares of American Banks. Well besides the moral problems with this ie the government owning banks there is the issue of the premise of the bailout even passing in the first place. You see if that money was going to be spent buying toxic assets from a particular bank that banks execs would have pay restrictions. The government has found a way to circumvent this by just buying shares of the companies. From what I understand and someone can correct me if Im wrong now the execs can still make the tens of millions they were making before and really go back to business as usual of course with our taxpayer dollars.



new topics
 
0

log in

join