Friday, March 6, 2009
Bernanke Won't Reveal Which Banks Received Bailout Money
The Chairman of the Federal Reserve will not reveal which of his Wall Street cronies received bailout money for fear that it might 'tarnish' their reputation. Seems like his strategy is working. Fannie, Freddie, and Citigroup have all performed well over the last several months. Banana Republic U.S.A?
Labels:
bailout,
Bernanke,
economy,
FED,
financial crisis,
stimulus,
stock market
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