concerning the bailout
It is Rep. Brad Sherman of California who is working hard to get other Democratic votes against the bill. Sherman’s number one concern, reported USA Today, “is that the bill would allow foreign banks to transfer toxic assets to their U.S. subsidiaries and unload them on American taxpayers. The bailout at first only applied to U.S. banks but was expanded to include foreign banks with U.S. operations.”Posted 3 years ago with 0 notes
