What are banks doing with the bail out money?
I stated back in October 2008 what I thought would happen with the TARP money given to the banks. Also, where their future interests would reside, in their search for profit and investment opportunities, away from depressed and recessionary environments. Well, here's an example of the activities I have been expecting. We can expect a lot more of this in the future and we need to prepare for the effects of this type of behavior from the Banks. Not just in the US but around the world, this is the very nature of the companies called banks.
Kucinich on NBC Nightly News: TARP Bail Out 03/11/09
Kucinich on Fox: Merrill Lynch Bonuses
Governments and the Fed as well as the Bankers
I have added this video to this post, because of its relevance to the post. For those who prefer a quick overview, the investment of 28 minutes will give you a broad view. Its content has similar examples of the Government and Banking relationship covered in another post and the story behind Eliot Spitzer.
BILL MOYERS JOURNAL | William K. Black | PBS
Max Keiser on The Infowarrior 08 Apr 2009 pt 5/5 he has a good lists Bloggs on his Site and he has some interesting views and topics.
Secret Meeting On Jekyll Island: The Creature From Jekyll Island - Part 5 of 5.
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