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Uploaded on Oct 19, 2010
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October 14, 2010
Financial institutions on Wall Street are preparing to pay a shocking record $144 billion dollars in compensation & benefits according to the WSJ. This amid a spiraling foreclosures and economic crisis that has devastated Americans and left many out on the street. Why are banks not being held more accountable? Peter Schiff President of Euro Pacific Capital believes that because of government subsidies the banks will continue to benefit.