Wednesday, January 21, 2009
Nationalization Of Banks On The Way
The $700 billion TARP bailout plan for the nation's financial sector has failed. FOX Business News commentator Stuart Varney says to prepare for a complete nationalization of all of the country's major banks in the coming days and months. As Varney put it, New York is no longer the financial capital. That title now goes to Washington, D.C. Get used to it.