Friday, March 20, 2009

Company Assets

From Fox:
"These institutions are under siege and their primary asset is their people," Sedgwick said, explaining that adding taxation to shrinking compensation for bankers will drive people from the business.
Wrong. The primary asset held by these bankrupt institutions is U.S. taxpayer bailout money, and if this ex post facto reclaiming of the bailout funds by CONgress is the only way to end this madness then so be it.

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