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Originally posted by teklordz
It was all a gigantic swindle from the FED, everybody knows that
What does everyone else think?
Not the FED, the guys behind the FED..
Who also happen to be the main investors in most of the other large western central banks.
It seems that the people who remain unharmed are the masssive corporations and rich businessmen who are buying up all the shares as they lose value
Burdened with increasingly onerous restrictions, some banks want to return federal bailout money.
Banks hoping to return bailout funds include Goldman Sachs, Wells Fargo, TCF Financial Corp., Northern Trust, and Signature Bank of New York.
That’s because the federal funds limit dividends, executive pay, employee conferences, and jobs for foreigners. Plus, Congress can add new restrictions to funds already doled out whenever it wants.
Probably the most dangerous requirement involves delaying foreclosures and modifying mortgages, banks say. Bank losses may grow when homeowners eventually default anyway despite rescue attempts.