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Originally Posted by jms62
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Fannie and Freddie are not banks and shouldn't be lumped in the same category. AIG is not a bank. Auto companies are of course not a bank. The Government's mortgage modification programs, FHA, etc are not a bank
How much money is left to pay by specifically the BANKS, escpecially any large institutions? How much did the banks pay in dividends, interest, etc.?
Did you know that the government forced many of the banks to take the money even though they didn't want it? It was described by a top CEO of a bank as a scene out of the god father. Many knew they didn't want it because of the unintended consequences of taking the money, which in turn is a major part of the problem with the economy. Banks are afraid to lend money to anyone with any risk because of the government intervention into their business.