This morning's Crooks and Liars reports that B of A is cutting back on local lending. Remember, these are the guys that screwed up, lost a pile of money, got bailed out, and got big bonuses (wonder how big they'll be this year - - the stock only lost 58% of its value).
Aren't these banks supposed to be helping out the "job creators?" (or is the only magic bullet a tax-cut that seems to have worked out so well lately?).
As shaky as they are ethics-wise, the City Council of Washington, DC has come up with a pretty good idea that might get the bankster's attention.
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