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Bank Takeover Artists Benefit From TARP Loophole
by Rob K. Blake | October 18, 2008As we discussed last week, the banking bailout bill is helping mega-bank takeover artists like Wells Fargo, Bank of American and others. As I predicted last week, the Paulson plan to give these predatory banks a direct cash injection to continue their bargain hunting, this week went into full overdrive without a word of dissent [...]