A Comment About

Geithner Bank Plan: A ‘Third Way’

March 25, 2009 - 12:00 am - by Greg Collins
mr. burns
2009-03-25 16:31:15

uburoisc has it right. There is no way to stop the banks, via straw buyers, from bidding for their own crap at inflated prices and sticking the taxpayer with 90%+ of that inflated price.

This is just a way for the US treasury to buy the banks absolute crap at highly inflated prices.