Monday, September 22, 2008

Big Financiers Start Lobbying for Wider Aid - NYTimes.com

Big Financiers Start Lobbying for Wider Aid - NYTimes.com: "Even as policy makers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.

Financial firms were lobbying to have all manner of troubled investments covered, not just those related to mortgages.

At the same time, investment firms were jockeying to oversee all the assets that Treasury plans to take off the books of financial institutions, a role that could earn them hundreds of millions of dollars a year in fees."

it's STILL all about greed...

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