bank bailout - pay attention.

[rbetts]

The discussed bank bailout gives the Secretary of the Treasury an unlimited power to give away $700 billion dollars in return for bad mortgage debt without meaningful overview by an elected official.  See the text of the current proposal: http://www.nytimes.com/ ( Read more... )

Comments

[honkafied]

Dodd to the rescue?

http://bloomberg.com/apps/news?pid=20601087&sid=aHeROL9EmlRg&refer=home