clipped from: www.prisonplanet.com   

‘Nightly News’ Perplexed by TARP-Recipients Lending to Foreign Countries

clipped from: www.prisonplanet.com   

Global banks lending money to other countries including “the playground of the Middle East” angered Congressmen, but Lisa Myers investigation didn’t point out that those critics of how the banks lent money voted for TARP (Troubled Asset Relief Program) in the first place.


In a segment on March 11 “NBC Nightly News,” Myers, NBC’s senior investigative correspondent, probed into why three particular banks – Citigroup (NYSE:C), Bank of America (NYSE:BAC) and JPMorgan Chase (NYSE:JPM) – made loans to overseas institutions, but supposedly neglected domestic institutions.