Wednesday, February 11, 2009

Maybe we Don't want a Bailout...........

Wall Street banks have taken billions of taxpayer dollars. Now some of them are starting to wonder if they should give the money back. Even before the government announced its latest efforts to fix the troubled banking industry on Tuesday, executives at Goldman Sachs and Morgan Stanley said they wanted to repay the money quickly. Both banks received $10 billion under the first rescue plan last fall. Paying back all those funds would be difficult in this tough economic environment. But banking executives worry that the government may intrude further into their businesses as long as they are beholden to Washington.....Link

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