The Bush administration is considering a partial nationalization of some banks, buying up a portion of their shares to shore them up and restore confidence as part of the $700 billion government bailout. The notion of government ownership in the financial sector, even as a minority stakeholder, goes against what market purists say they see as the foundation of the American system.
http://www.msnbc.msn.com/id/27112481
Bush considering goverment owennership in banks...what will he think of next?





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