Dems Warn Banks: Lend Bailout Money or ElseQuicklink submitted by Amanda Lang Permalink
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|Congress about to put its foot down and end the banks' free hand? Barney Frank told the Journal that it's 'legitimate to put some conditions' on the capital injections. According to the paper: Frank and Schumer suggested lawmakers could be reluctant to let the Treasury Dept have access to the second $350 billion in funds authorized as part of the $700 billion rescue plan if their concerns aren't addressed.|
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