[MD] A Quiet Windfall For U.S. Banks

MarshaV marshalz at charter.net
Mon Nov 10 02:56:41 PST 2008


And what has your government done for you lately?   Is to tar and 
feather them too biological?

"The financial world was fixated on Capitol Hill as Congress battled 
over the Bush administration's request for a $700 billion bailout of 
the banking industry. In the midst of this late-September drama, the 
Treasury Department issued a five-sentence notice that attracted 
almost no public attention.

But corporate tax lawyers quickly realized the enormous implications 
of the document: Administration officials had just given American 
banks a windfall of as much as $140 billion."


http://www.washingtonpost.com/wp-dyn/content/article/2008/11/09/AR2008110902155_pf.html 





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The Universe is uncaused, like a net of jewels in which each is a 
reflection of all the others in a fantastic, interrelated harmony without end.
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