It is difficult to believe Thu, 05/07/2009 - 15:12 - Anonymous (not verified) It is difficult to believe this report simply because if it were true our elected officials would be outraged. Since they apparently are not, there are only 2 possible outcomes: (1) story is a fabrication or (2) our elected officials are a major part of the problem.
Banks That Received Federal Cash Enabled Subprime Lenders, Report Finds http://www.truthout.org/050709M?n Dina ElBoghdady, The Washington Post: "Many of the banks receiving billions of dollars in federal aid owned or bankrolled subprime lenders that directly contributed to the unraveling of the global economy, according to a new report. While many of these banks have portrayed themselves as unwitting victims of the subprime mortgage meltdown, they also enabled that kind of lending because it was lucrative, according to the nonprofit Center for Public Integrity." --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "ShadowGovernment" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/ShadowGovernment -~----------~----~----~----~------~----~------~--~---
