Let’s take a look at what happened

There had been troubled banks the FED would meet on Saturday and decide on a course of action

This would calm the markets Lehman Bear Sterns

Fannie and Freddie enter receivership

AIG Saturday the FED said Everything was okay

Wednesday Paulson said intervention was required immediately

This spooked the Markets and investors got nervous

Congress Intervened before the bottom fell out

Congress gave the money but failed to say what it could be used for

Guess what most of the banks kept it for themselves

Ownership

http://online.wsj.com/article/SB123137220550562585.html

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