Financial Institutions spending 5 billion dollars repealing Financial Regulations

Discussion in 'Media' started by hvactec, Oct 9, 2011.

  1. hvactec
    Offline

    hvactec VIP Member

    Joined:
    Jan 17, 2010
    Messages:
    1,315
    Thanks Received:
    106
    Trophy Points:
    83
    Location:
    New Jersey
    Ratings:
    +132
    [ame=http://www.youtube.com/watch?v=rthHFpPEQYk]MSNBC: Wall Street Protests - YouTube[/ame]
     
  2. waltky
    Online

    waltky Wise ol' monkey Supporting Member

    Joined:
    Feb 6, 2011
    Messages:
    20,775
    Thanks Received:
    1,788
    Trophy Points:
    215
    Location:
    Okolona, KY
    Ratings:
    +3,858
    Granny says she always knowed the bailout was just a big bank scam...
    :eusa_eh:
    Report: Banks earned $13B from secret Fed loans amid crisis
    Nov 28, 2011 - Providing what it calls "a fresh narrative" of the financial crisis, Bloomberg Markets Magazine reports that banks earned $13 billion in secret cut-rate loans from the Federal Reserve and that one day in early December 2008 they needed $1.2 trillion to stay afloat.
     
  3. Avatar4321
    Online

    Avatar4321 Diamond Member Gold Supporting Member

    Joined:
    Feb 22, 2004
    Messages:
    70,514
    Thanks Received:
    8,157
    Trophy Points:
    2,070
    Location:
    Minnesota
    Ratings:
    +12,137
    Then it's clearly cheaper than compliance. Which means the government is draining a heck of alot of money out of the economy for a worthless bureaucracy.
     

Share This Page