It’s still a bailout: “Require the Treasury Department to guarantee, at up to 100 percent, bank losses resulting from failed mortgage-backed securities.”
Heard the banks have spent 250 million lobying these crooks. Not bad for a trillion payout. Wonder how much loot they will kick back to these pirate. DC is starting to look like Port Royal in the old days. This election is looking like a vote on who gets the biggest share of the booty. And it ain’t us.