A Quiet Windfall For U.S. Banks
Posted in Main Blog (All Posts) on November 10th, 2008 5:31 am by HL
A Quiet Windfall For U.S. Banks
The financial world was fixated on Capitol Hill as Congress battled over the Bush administration’s request for a $700 billion bailout of the banking industry. In the midst of this late-September drama, the Treasury Department issued a five-sentence notice that attracted almost no public attention.