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  4. We're going to bail you out whether you wnt to be or not!

We're going to bail you out whether you wnt to be or not!

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  • S Offline
    S Offline
    Shepman
    wrote on last edited by
    #1

    Small banks around the country consider the bailout program an unwarranted intrusion into their business, and a subsidy being given to imprudent competitors. Apparently, they won't necessarily be given the right to choose to not participate in the plan, if the Feds decide they can use the help. Smaller Banks Resist Federal Cash Infusions [^]

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    • S Shepman

      Small banks around the country consider the bailout program an unwarranted intrusion into their business, and a subsidy being given to imprudent competitors. Apparently, they won't necessarily be given the right to choose to not participate in the plan, if the Feds decide they can use the help. Smaller Banks Resist Federal Cash Infusions [^]

      B Offline
      B Offline
      Bassam Abdul Baki
      wrote on last edited by
      #2

      And those that don't get help from the government will be forced to collapse. :)


      Web - Blog - RSS - Math - BM

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      • B Bassam Abdul Baki

        And those that don't get help from the government will be forced to collapse. :)


        Web - Blog - RSS - Math - BM

        S Offline
        S Offline
        Shepman
        wrote on last edited by
        #3

        I just heard that when the President of Wells Fargo said he didn't want to be bailed out, Paulson told him to take the money because later, "We won't be so generous."

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