Talk of The Villages Florida - View Single Post - Bailed out banks
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Old 12-10-2008, 04:31 PM
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Default Bailed out banks

are buying banks in China? I was channel surfing (a guy thing) last night and caught Gretta Van Sustern talking with Donald Trump about the bank bailouts. He was saying that a lot of the banks are using the money to buy other banks, even one in China, instead of loaning the money out to stimulate the economy. I need to start watching more news because this is the first time I've heard this said. Is this old news and if not I need to stop dreaming of TV and pay attention more?