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Overnight Open Thread

496
tfc3rid4/09/2009 6:12:39 am PDT

re: #493 gregg

According to the NYT, the 19 largest banks undergoing the stress tests have passed. This morning Wells Fargo announces record profits for the 1st quarter. Someone remind me again why we are giving the banks hundreds of billions of dollars?

Because we have to become a socialist country…