Banks Are Now Government Sponsored Entities

MIT Professor Simon Johnson (formerly IMF Chief Economist)�testified before the Senate Budget Committee last week and also wrote a short blog entry.� He really took it to the banks.� I?ve separated some of his most interesting arguments into categories.� (Some comments are lifted straight from his testimony.� At other times, I have paraphrased and added [...]

Source: http://leedsonfinance.com/2011/02/06/banks-are-now-government-sponsored-entities/

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