The Financial Bailout Fiasco

Can you get "a little" pregnant? Then how can a bank be "partially" nationalized?Henry Paulson

The U.S. government is dramatically escalating its response to the financial crisis by planning to invest $250 billion in the country's banks, forcing nine of the largest to accept a Treasury stake in what amounts to a partial nationalization. .......
The Treasury Department's decision to take equity stakes in banks represents a significant reversal, coming just weeks after Treasury Secretary Henry M. Paulson Jr. had opposed the idea.

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by Rick Moran