Obama to slap 117 billion USD levy on banks to repay for bail outs

Friday, January 15th 2010 - 06:09 UTC

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President Barack Obama has said Wall Street must repay 117 billion US dollars to taxpayers and criticised banks for “massive profits and obscene bonuses”. The tax is to recoup money US taxpayers are expected to lose from bailing out the banks during the financial crisis. Read full article

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Bubba
He will destroy the rest of the wealth he missed with the bailouts..
Jan 24th, 2010 - 12:45 pm - Link - Report abuse 0
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