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Updated over 16 years ago on . Most recent reply

Richard Warren's profile image
Richard Warren's profile image
Richard Warren
  • Real Estate Investor
  • from Las Vegas, Nevada
  • Member since Jan 7, 2008

User Stats

1,821
Posts
447
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Richard Warren's profile image
Richard Warren's profile image
Richard Warren
  • Real Estate Investor
  • from Las Vegas, Nevada
  • Member since Jan 7, 2008
Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
447
Votes |
1,821
Posts
Off Topic

US Bailout Funds Go To Foreign Banks

Richard Warren
  • Real Estate Investor
  • Las Vegas, NV
Posted

Why are bailout funds, essentially US taxpayer money, being paid to bailout foreign banks? So much for oversight and transparency. Why is this allowed?

Some banks on the list:

Deutsche Bank AG, Societe Generale, Calyon, Barclays Plc, Rabobank, Danske, HSBC, Royal Bank of Scotland, Banco Santander, and Lloyds Banking Group.

Article:
http://news.yahoo.com/s/nm/20090308/bs_nm/us_aig

:cool:

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