Sunday, April 19, 2009

Financial Crisis: Nationalize The Banks.

Some private banks( Wells Fargo, Goldman Sachs) are posting a large "profit" for the 1st quarter.Is it just an illusion?The institutions were redeemed with taxpayers' money, and are now returned to their share holders. In short we put their houses back in order and then gave it back to the same people who looted it. Does it make sense?

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