Thursday, May 14, 2009

Full-Court Press Behind Bank Bailout

Judicial Watch has obtained documents that show how the Bush administration forced our nine largest banks to accept $125 billion in bailout money in exchange for equity stakes. Long known that Henry Paulson had insisted that the banks’ top executives accept government money, documents provide details of the full-court press at Paulson’s meeting with them on Oct. 13 and how the bankers had no choice. Go to Statement from Judicial Watch and Links to All Documents »Go to E-Mail from the Treasury Chief of Staff via Judicial Watch

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