HUFFINGTON POST
04/25/2009 05:12 am ET | Updated May 25, 2011

Bank-Rescue Plan Could Spark Another Public Backlash

The potential for private investors to reap billions of dollars in profits from the U.S. government's bank bailout plan could trigger another wave of public outrage, like that seen after the payments of bonuses to AIG staff, and it might slow any economic recovery.

The Obama administration is scrambling to woo top bankers, financiers and money managers like BlackRock and PIMCO to back its latest bank bailout plan.

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