Another Financial Institution Jumps On Bailout Gravy Train
Posted in Main Blog (All Posts) on December 31st, 2008 5:37 am by HL
Another Financial Institution Jumps On Bailout Gravy Train
Yesterday we told you about the trend of financial institutions jumping on the bailout “gravy train” by acquiring — or transforming themselves into — traditional banks, which are eligible for the government’s $700 billion TARP program. Well add one more…
For Some Culprits In Financial Meltdown, Life Is Still Pretty Good
This probably won’t come as a surprise. But some of the major culprits in the financial crash — former CEOs or top execs at banks whose billion-dollar losses helped precipitate the turmoil — don’t seem to be paying much of…