Posted by
Brian Peters on Wednesday, May 13, 2009 12:25:06 PM
Just like out of 1920's Al Capone's Chicago....another Chicagoian is muscling his way into forced acceptance of their 'services'.
The Obama administration will use bailout money repaid by large banks to provide additional capital infusions to smaller banks, Treasury Secretary Timothy Geithner said Wednesday.
Banks with less than $500 million in assets will have six months to apply for the funds, Geithner said in remarks to the annual meeting of the Independent Community Bankers of America. They also will be able to apply for larger amounts than banks were allowed to request during the current round of investments.
I wonder dear reader, what happens after the six months???? I envison a car rolling up to those who 'refuse' to take the money: