Banks, paying your rescuer: Part 2, the fine print
[Continued from yesterday’s Part 1.]
Yesterday we recorded the Godfather-like meeting, described in the New York Times, held last week in Treasury’s offices, in which the financial rescue’s architects, headed by Secretary Paulson, made the big banks an offer they couldn’t refuse.
“Someday, and that day may never come, I’ll call upon you to do a service […]
