When financially sound banks (and not burdened with so-called toxic assets) are running to the Fed to take part in the bail out, is that a sign that the deal is too sweet for the banks?
Is the bail out deal 'too sweet' for banks? (video)
October 30, 2008
When financially sound banks (those not burdened with so-called toxic assets) are running to the Fed to take part in the bail out, is that a sign that the deal is too sweet for the banks? Washington Post business columnist Steven Pearlstein explains why the government has a hard time enforcing lending rules in banks, and why it will take time to get the economic system moving again, in this video from MSNBC.
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