Geithner Says Most U.S. Banks Have Enough Capital

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Uploaded by on Apr 22, 2009

U.S. Treasury Secretary Timothy Geithner says the vast majority of U.S. banks have more capital than they need and a federal financial rescue program has enough money to aid faltering banks. Still, Geithner told a congressional panel on Tuesday that obstacles to lending remain.

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  • Give me free money and I bet I could turn a profit too!

  • Well of course they have plenty of capital, they (the banks) just engineered the biggest heist the world has ever seen!

    This is reminiscent of the S&L scandal of the 80's, just refined and taken globally.

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