Watchdog Says Treasury and Fed Knew Bailed-Out Banks Were Not 'Healthy'
The Treasury Department and the Federal Reserve lied to the American public last fall when they said that the first nine banks to receive government bailout funds were healthy, a government watchdog states in a new report released today. Full Story »
Posted by Michael Bugeja
I am always in constant wondermnent about people on both sides when information likes comes out. Does anyone honestly believe Bush was telling the truth from the about Iraq? TARP is a scheme for financial power elites to support each other with the full complicity of political elites. Same thing with stimulus program and now with the healthcare program. Obama and the dems have done nothing - why becasue they are part of the system. You paid for SG $93 million bonus to a trader and Ken Lewis' $53m bonus - you paid and Obama suported you paying it. Don't be hater but don;t be an ostrich