We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Bailout blowback

15 April 2009 By Antony Currie

Both aim to restore confidence in the financial sector. But if the US proclaims its stress tests prove the 19 largest banks are healthy, it removes much of the logic for allowing vulture funds to use taxpayerfunded leverage to feast themselves on bank assets at firesale prices.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)