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Tag Archives: Henry Paulson

The White House Solution to The Financial Crisis: Take Over The Banks?

White House considering taking over some banks, says AP, anonymous source.
 
The big news this morning is a rumor that the White House is considering taking over ownership of certain banks — the latest move in the government’s “Whack-a-Mole” approach to dealing with the current financial market crisis.
According to the Associated Press:
An administration official, who spoke on [...]