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Old 12-02-2010, 07:25 AM
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Gordon Shumway Gordon Shumway is offline
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Default Re: Bailouts finally revealed including foreign firms

Quote:
Foreign-owned banks also benefited from the Fed's commercial-paper facility. The Korean Development Bank, owned by the South Korean government, used the program to the tune of billions of dollars, including a $407 million short-term loan on a single day. Many foreign banks, including the French BNP Paribas, the Swiss UBS and the German Deutsche Bank, took extensive advantage of various programs. Even a major bank in Bavaria benefited, as well as another one headquartered in Bahrain, a tiny island country in the Middle East.
...& the world still hates us...
If we're going to bailout the entire world then they can live with us being the world's police as well; & they can pay us back in...oh, I don't know...the natural resources we refuse to go after here in our own country.
Sorry, a simple thank you isn't going to cut it.
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