President Obama met with the top Brokedick Bank CEO’s today. And the talking points about America’s next trillion dollar suppository… a.k.a. the “Bad Bank” plan are now out.
My friends, it’s that time again…
Bend over, grab your ankles, and assume the position. Because here’s how the “Bad Bank” plan is going to work:
First, the Fed is [...]
“Brokedick Banks, Drug Banks and Bad Banks”
January 27th, 2009 · 3 Comments · Politics, Money and Markets
Tags: Alan Greenspan·Bad Bank Plan·Glass Steagall Act·Gramm-Leach-Bliley Financial Services Modernization Act·Hank Paulson·Robert Rubin