To: elkfersupper
"The banks weren't rescued.
They were essentially acquired by the fedguv."
Most were given capital through Government investments with stipulations that the Government would have no controlling votes. What's more, some of the bankers took the bailout money from the Government and already gave it away in big bonuses to the corporate officers.
21 posted on
02/01/2009 6:15:10 PM PST by
familyop
(combat engineer (combat), National Guard, '89-'96, Duncan Hunter or no-vote, http://falconparty.com/)
To: familyop
The largest stockholder in Bank of America and the one with the controlling interest is now the United States of America.
If you have a problem with the way the banks are being run these days, complain to your congresscritter.
28 posted on
02/01/2009 6:30:47 PM PST by
elkfersupper
(Member of the Original Defiant Class)
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