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IPFS News Link • Economy - Economics USA

Bailout Banks Use Taxpayer Loot to Pay Shareholder's Dividends

10-30-2008 • Washington Post

U.S. banks getting more than $163 billion from the Treasury Department for new lending are on pace to pay more than half of that sum to their shareholders, with government permission, over the next three years.

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Reported By Powell Gammill

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Bailout Banks Use Taxpayer Loot to Pay Shareholder's Dividends

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