Inspector's Report on Bailouts Says Treasury Misled Public

Quicklink submitted by Sheila Samples     Permalink
Related Topic(s): ; ; ; ; , Add Tags

View Ratings | Rate It

opednews.com

Become a Fan
  (39 fans)


At www.nytimes.com

Former Treasury Secretary Henry Paulson said on Oct. 14 the banks were “healthy,” and that they accepted the money for “the good of the U.S. economy.” The banks, he said, would be better able to increase their lending to consumers and businesses. In truth, regulators were concerned about the health of several banks that received that first bailout, the inspector general writes.

Read the rest of the story HERE:

At www.nytimes.com

- Advertisement -
- Advertisement -

 

Comments

The time limit for entering new comments on this Quicklink has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
No comments