I’m speechless.
Is there no one on Capitol Hill with a basic understanding of economics?
Frank Says Bonuses, Acquisitions Violate Bailout Plan
Oct. 31 (Bloomberg) — House Financial Services Committee Chairman Barney Frank said banks using cash from the $700 billion U.S. rescue plan for bonuses, acquisitions and other purposes unrelated to lending are in “violation” of the law.
“I [...]












