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Northrop Grumman Corporation Message Board

  • McMEM McMEM Dec 9, 2008 4:49 AM Flag

    2nd wave of foreclosure

    The $8T bailout of banks are having interesting effects:

    1. Republicans give the $ to banks;
    2. Big banks use $ to buy small banks and to pay bonus to the CEOs;
    3. Big banks fire employees of small banks;
    4. Employees of small banks cannot pay their mortgages.

131.90-1.76(-1.32%)Sep 22 4:03 PMEDT

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