May 15, 2009

THE COUNTRY’S IN THE VERY BEST OF HANDS: US ‘sham’ bank bail-outs enrich speculators, says buy-out chief Mark Patterson. “The US Treasury’s effort to stabilise the banking system through the TARP programme is a hopelessly ill-conceived policy that enriches speculators at public expense, according to the buy-out firm supposed to be pioneering the joint public-private bank rescues.”

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