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FDIC Chief Wants Broader Unconstitutional Powers to Take Over Companies
The NY Times Reports:
"The chairwoman of the Federal Deposit Insurance Corporation, Sheila C. Bair, said in a speech on Monday that her agency should have broader powers to take over and close a variety of financial institutions to prevent taxpayers from shouldering the losses on firms deemed too big to fail."
For moah, go here, if you DARE!!!!!
http://www.nytimes.com/2009/04/28/business/economy/28fdic.html?_r=1&ref=todayspaper
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