Sunday, September 21, 2008

Foreign banks may get help

In a change from the original proposal sent to Capitol Hill, foreign-based banks with big U.S. operations could qualify for the Treasury Department’s mortgage bailout, according to the fine print of an administration statement Saturday night.

Money to bail-out American banks and money to bail-out foreign banks - but still NOT A DIME for the American taypayer, the poor smuck who pays the bill...

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