Paulson, Bernanke Defend $700 Billion Bailout
Uploaded by: AssociatedPress
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Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke defended their management of the $700 billion bailout, just one week after the administration abandoned the original strategy behind the rescue. (Nov. 18)
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GREED.
According to the president of GM Brazil-Mercosur, Jaime Ardila, the funding will come from the package of financial aid that the manufacturer will receive from the U.S. government and will be used to "complete the renovation of the line of products up to 2012."
bailout money.
5 trillion has been spent of bailouts
Except we are all being hit.
If the top 52 bankers faces were put a deck of cards, who would be the 4 "aces" ?