We have witnessed the largest transfer of wealth in history, God help us all-Lou
INCREDIBLE and OUTRAGEOUS! AMERICAN EXPRESS GETTING BAILED OUT! 3.39 BILLION! 2 PAGE APPLICATION ENCLOSED!
Times of India24 Dec 2008, 0024 hrs IST, APNEW YORK: American Express Co. said on Tuesday it received preliminary approval to obtain $3.39 billion in capital as part of the government's $700 billion bank investment program. Primarily a credit card lender, American Express changed its structure to become a bank holding company last month. The change in status allows American Express to tap a wide array of government funding and lending programs, including the bank investment program. Other major financial firms have been becoming bank holding companies to access federal lending programs, such as Goldman Sachs Group Inc., Morgan Stanley and CIT Group Inc.
Read Rest of artcle Here: http://thecomingdepression.blogspot.com/2008/12/incredible-american-express-getting.html
See American Express's Application Here: http://www.sba.gov/idc/groups/public/documents/sba_homepage/guideline_tarp_capitalpurchase.pdf
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment