12 Minutes to Understanding
April 1, 2009 – 7:55 amThe following video provides you with the understanding of how Wall Street and the financial community could contrive a way to extract taxpayer money and stay in business.
The Geithner Plan provides a back door to bank re-liquification without grossly affecting the stockholder, bondholder, or current bank management but shifting the bulk of the loss to the taxpayer without Joe the taxpayer realizing it. I guess these guys think we’re all stupid and that assumption will turn out to be a strategic error.
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