Why banks still teeter, after $232 billion in aid

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At www.csmonitor.com

Banks sought billions in taxpayer assistance last year because of their losses in the mortgage and housing markets. Now, they are getting pinched by the recession as consumers miss payments on credit-card bills, developers default on loans for new office towers, and a rising number of companies go bankrupt.

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At www.csmonitor.com

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The bailout was a fraud on the American public.&nb... by Betsy Ross on Tuesday, Jan 20, 2009 at 5:22:02 PM
That is the correct term, fraud, plain and simple.... by John Shriver on Wednesday, Jan 21, 2009 at 4:18:41 PM