Pigs at the Trough: Companies Lining Up for Share of Financial Bailout Cash
By Mike Adams, October 25, 2008 | Key concepts: Financial news, Financial bailout and Corporations
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Companies that made bad investments and stupid financial decisions are now lining up like pigs at the trough, hoping to cash in on free government money from the $750+ billion bailout plan. Rather than letting poorly-run companies fail like they're supposed to, the U.S. government is using taxpayer dollars to invest in the worst-failing companies! Ever notice how the U.S. government hands out free money to corporations but not the People?
From Apnews.myway.com: Insurers, automakers and American subsidiaries of foreign banks all want the Treasury Department to cut them a piece of the largest government rescue in U.S. history.... more
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