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Seems about right
Oddly I don’t see Mccain even though he belongs in here. Of course, so do many others, I guess you can only make a picture so big.
Bank of America’s 45 billion dollar “bailout”
Image by Getty Images via Daylife
Source: http://www.bizjournals.com/baltimore/stories/2009/01/12/daily47.html
40 billion on top of the 100 billion in loan guarantees. On top of this, Ken Lewis (BoA’s CEO), claimed in Oct 2008 they didn’t even need any bailout money, but it was their patriotic duty to accept it.
So did they know in Oct 08 that Merrill Lynch was [...]
California suspends welfare, student grants & tax refunds
http://www.latimes.com/news/local/la-me-budget17-2009jan17,0,4472460.story
Chiang said he had no choice but to stop making some $3.7 billion in payments in the absence of action by the governor and lawmakers to close the state’s nearly $42-billion budget deficit. More than half of those payments are tax refunds.
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