After a relatively quick read of the Bailout Legislation, here are a few quick points. Our Congressional Representatives have asserted that they are most interested in protecting the interests of the American Taxpayer. I can only summarize my comments by saying "Don't Believe Everything You Hear."
(1) The Legislation covers purchases of troubled assets assets from any financial institution having significant operations in the United States. Of course, the Secretary of the Treasury can include institutions that are necessary to promote...
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