Saturday, November 1, 2008

Other bailouts continue

Non-banks like GMAC are trying to requalify their organization as a true bank so that they can get in line for the "free money".

Also a plan for credit-card companies to get taxpayer money to cover credit card balances of people in default.

Automakers want their $25B handout to be sweetened by having taxpayers cover bad car loans.

Student loans had already been targeted for bailout. But that got expanded.

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