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Clark's take on bank bailout reform

Wednesday, April 21, 2010 - 6:56 PM
Clark Howard makes some good points in his commentary about bank bailout reform and why he thinks the megabanks need to be broken up:
A small number of powerful banks have been allowed to get too large. [...] They have access to money at much cheaper rates than other banks or entities in the country. Why? Because the assumption is there's no risk; if they behave foolishly again they'll simply get bailed out once more by taxpayers.
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
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