2009: The Year Wall Street Bounced Back & Main Street Got Shafted

[david...@aol.com]

"The big banks on Wall Street, propped up by taxpayer money and
government guarantees, have had a record year, making record profits
while returning to the highly leveraged activities that brought our
economy to the brink of disaster. In a slap in the face to taxpayers,
they have also cut back on the money they are lending, even though the
need to get credit flowing again was one of the main points used in
selling the public the bank bailout. But since April, the Big Four
banks -- JP Morgan/Chase, Citibank, Bank of America, and Wells Fargo
-- all of which took billions in taxpayer money, have cut lending to
businesses by $100 billion."
http://tinyurl.com/yafueme

Robert Reich
2009: The Year Wall Street Bounced Back & Main Street Got Shafted
http://tinyurl.com/yangxuq

[George]

> 2009: The Year Wall Street Bounced Back& Main Street Got Shafted
> http://tinyurl.com/yangxuq
>

So a couple liberals are complaining about the outcome anyone with
common sense would expect if you reward bad behavior?

In case your memory is cloudy the *democrat* majority congress approved
all of the bailouts to reward the sleazy bankers. Common sense says they
should have been left to fail and not rewarded for bad behavior.

[Rod Speed]

Great way to get another great depression or worse.