The financial bailout is on, and so far the government has injected upwards of $150 billion in a variety of banks, not to mention a $120 billion loan for insurance giant AIG and $25 billion for the Detroit automakers.
As for helping distressed homeowners, Washington is still thinking it over.
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What Really Happened: Why the Feds Rescue Banks, Not Homeowners
By mememan - Posted on October 29th, 2008
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