4.29.2009

Thanks for the money and screw you


Emboldened by newfound profits and eager to shake off federal control, a growing number of banks are resisting the Obama administration’s proposals for fixing the financial system. Lenders that skirted disaster only months ago with the help of taxpayer dollars are now balking at government prescriptions.

[From Feeling More Secure, Some Banks Want to Be Left Alone - NYTimes.com]


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