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Failed-Bank Shareholders Reap Taxpayer Dollars

Started by washingtonindependent · 8 months ago

Raise your hand if you’re confused.
First, as Congress and the Bush administration were haggling over how to structure an effective Wall Street bailout package, the Treasury Dept. claimed that forcing banks to suspend dividend payments to their shareholders would discourage participati ... Continue reading »

2 comments

  • Rob taxpayers to reward people who invested in reckless irresponsible companies?

    Positive feedback loop for negative behavior.

    This does exactly ZERO to help the credit crunch.

    I am F-ing Pissed.
  • Rob taxpayers to reward people who invested in reckless irresponsible companies?

    Positive feedback loop for negative behavior.

    This does exactly ZERO to help the credit crunch.

    I am F-ing Pissed.

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