Despite official protestations to the contrary, this fallout will spread to a bank near you.
Occasionally there is an opinion piece in the papers so clear in its analysis of a problem, so convincing in its argumentation, and so authoritative in its judgment that, on finishing it, a reader is tempted to just stand up and cheer.
Scenes from a crisis: “Results of today indicate immediate danger of general national bank panic,” a U.S. senator warned the president. “Government funds should not be drawn upon but should be increased.”
Feds Pay Back Feds the Bailout Money from Feds and Feds Are Happy, But You Lose. Again | John Ransom