Wednesday, May 13, 2009

Geithner: Bailout repayments will broaden program - Yahoo! Finance

IN order to help smaller banks, Treasury Secretary Timothy Geithner said the bailout money paid back by large banks will be used to help smaller banks.

Wait, I thought that big banks wouldn't be allowed to pay back the money. The money that Geithner says will be available to help smaller banks will come from .....

Yep, taxpayers. Bailout round........ Oh crap I don't remember which round of bailouts we are on.

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