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Feds set to say which banks can repay bailout cash


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NEW YORK (AP) -- The government is set to announce as early as Tuesday morning which of the country's biggest banks will be able to repay billions in federal bailout dollars in a decision that risks creating a two-tier banking system - winners and losers....

 

By STEVENSON JACOBS and DANIEL WAGNER

 

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Posted

alrighty, I'm no economic genius, but....

 

 

 

The Fed is deciding who can and cannot pay back their loans at this time? WTF?

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Posted
alrighty, I'm no economic genius, but....

 

 

 

The Fed is deciding who can and cannot pay back their loans at this time? WTF?

 

It makes sense if they want to make sure that these banks are financially strong enough to pay back the money now and don't want them to fall back to square one again.

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