Friday, July 10, 2009

Timothy "Eddit Haskell" Geithner and Another Big Bank Give-Away

The Congressional Oversight Panel, which oversees the Treasury Department's peformance on the TARP program, is now saying that the Treasury department is allowing banks to purchase back their warrants, basically a sort of stock option, at only 66¢ on the dollar.

I am so not surprised.

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