Comment

Say No to Juan Cole

381
Walter L. Newton1/07/2009 2:38:53 pm PST

re: #367 Russkilitlover

Bailouts won’t do squat as long as the banks hoard the cash infusion or, as in the case of BofA, use their taxpayer dollars to invest 7.5B into a Chinese construction firm.

And who should have oversight of what the banks are doing with the money? The US government, I think. Ergo, I call bullshit on the whole process.