by
slgas
Dec 15, 2009
Re yur post today on banking, Obama's authority to do this was given to him by Bush, under the terms of TARP authored in June 2008 by Henry Paulson who worked for Bush. By that plan, we all became owners of the banks, and continue to be so until they return the money, which most are scrambling to do so they are not subject to the limits on pay and bonuses that Obama is pushing.