While this plan was well thought out beforehand, now the existing loophole these disgusting criminals have studied long and hard to discover and then implement a plan to exploit will be the final blow to the American bastion of stability.
Investing in distressed banks doesn’t always pay off, as the U.S. Treasury Department learned with the Troubled Asset Relief Program. At least 60 lenders skipped some of their promised dividends to the TARP fund, according to SNL Financial, and a $2.33 billion stake in CIT Group Inc. was wiped out last year when the lender went bankrupt.
So now they wan't to pawn off this loss to the already raped and pillaged American People.
The Middle Class in America has taken the harshest brunt of this country's economic shortfalls, as well as have had to suffer grave losses financially and emotionally to just be used by these criminals to prop up the broken system long enough...
Just to kick out the legs from underneath them as they make their final grab and dash scheme happen.
If this turns out to be ANOTHER Enron, AIG, or other relative scam...
I promise you America, I'm going hunting... with or without you. maybe I'll even get an opportunity to land a nice 40 point rack! =)
www.bloomberg.com
(visit the link for the full news article)
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