Read a little. Learn a lot. • Tightly-written news, views and stuff • Follow us on TwitterBe a Facebook FanTumble us!
 

Posted on January 14, 2010 | tags

 
 

Biz, U.S.: Obama’s bank plan: Lots of money for the U.S., with perks!

  • $90 billion in bank taxes over the next ten years source
  • So what happens if the banks overpay the bailouts? Simple. The money goes back to the U.S. to help strengthen the financial position that was screwed up by the bailout crisis. Did someone say “win-win” situation, kids? The banks don’t think so, by the way, and angrily responded to the new charges like petulant children who didn’t get a Nintendo 64 for Christmas.