New York Times is reporting $250 billion for investing in large and small banks.
The FDIC will give unlimited insurance on non-interest bearing bank deposits.
Now check out the New York Times graph of who gets the most, already decided. That is $125 billion already doled out to our fab 8 which means there is only half left for anyone else.
At least they are getting preferred stock for the deal.
Supposedly the program was not voluntary and supposedly they will have reduced executive compensation so far ill defined.
Hank getting tough with his buddies? Not too sure since he just handed over billions.
Can't keep track of all of the events except you have that funny feeling somehow you just witnessed the biggest theft in History? Check out this interactive flash presentation of all the national changes in the last couple of weeks, presented by the Financial Times. When you look at this from their interactive map, it's quite astounding. Pretty amazing huh that there is never any money for universal health care when you see something like this.