Browsing All Posts published on »November 25th, 2008«

Banks forced to take bailout money they don't want or need

November 25, 2008

25

There are thousands of banks in the United States, most of which are local and have less than a billion dollars in assets. Some of them are even making a profit this year because they were careful and didn’t expose themselves to the mortgage and credit crises. Some of them were (gasp!) risk averse and […]