$5.6 billion is the amount the good banks will pay the bad banks to stay afloat.
Beautiful, just beautiful. Another "tax" on American savers and depositors.
A hearty "Thank You" to 1600 Pennslyvania Avenue.
Please, kill the banks or subsidize them. Wasn't $700,000,000,000 enough to "bail-out" every bank on earth? Let me repeat, $700 billion. Had enough?
Retired CEO of CHIPPEWA PARTNERS, Native American Advisors, Inc., now CEO of the Parisian Family Office. A White Earth Chippewa, Dean helped Native Americans for decades. Raised conservative, began Wall Street career in 1982, met game changer William O'Neil in 1984. In a world on a dopamine, hypomanic binge, this is his take on financial chicanery, political crime and life well lived at their Ghost Ranch in MT or Pamelot, the Parisian's TN farm.
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