TITLE

'Profits,' Other Bankster Tricks

AUTHOR(S)
Hightower, Jim
PUB. DATE
June 2009
SOURCE
Progressive Populist;6/1/2009, Vol. 15 Issue 10, p3
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article focuses on the issue over the profits gained by giant banks in the U.S. It states that these banks, which were previously insolvents, produced bigger profits in the first quarter of 2009. According to the author, the profits are being made as the people have stuffed the banks with massive tax dollars, which include subsidies, loans and government guarantees. The author asserts that the present bailout policy of President Barack Obama in saving bankers must go.
ACCESSION #
41341756

 

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