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Posted on 10.15.08 by R. Lee Wrights
“The front page of today’s Wall Street Journal carries a story titled ‘At Moment of Truth, U.S. Forced Big Bankers to Blink.’ In the quarter-century I’ve been reading the Journal, I’ve never read a news story that was more disturbing. The article describes the Monday, October 13 meeting between government regulators and top executives from nine of the nation’s largest banks. On one side of the table sat Treasury Secretary Henry Paulson, flanked by Federal Reserve Chairman Ben Benanke and Federal Deposit Insurance Corp. Chairman Sheila Bair.” (10/15/08) Link: http://www.heartland.org/full.html?articleid=23982 Filed under: RRND Commentary | Report Bad Link Bookmark this post in Furl or Del.icio.us | |
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