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Reply #4: Be careful, those banks have 401's, 403's and probably some major [View All]

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mediaman007 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-07-09 05:39 PM
Response to Original message
4. Be careful, those banks have 401's, 403's and probably some major
Edited on Sat Mar-07-09 05:42 PM by mediaman007
pension plans that will dry up if they don't collect the money.

The correct move is to add some transparency, so the banks aren't taking a cut before the clients get their money back.

When you think about it, it's probably why the Republicans are staying away from this. They could give a shit if your union pension goes under.
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