US claims profit on bank bailout program
Posted by admin in Finance Wednesday, 30 March 2011 19:27 No Comments
US claims profit on bank bailout program
WASHINGTON – THE United States said on Wednesday its bank bailouts had earned a profit, 30 months after the Treasury committed hundreds of billions of dollars to rescue financial institutions as the economy plunged into crisis. After enduring deep criticism over the use of taxpayer funds to rescue banks run aground by billionaire executives, the Treasury said bank repayments to the Troubled …
Via:Read more on Straits Times
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