Credit Suisse warns of 'excessive' state action: "The chairman of Swiss banking giant Credit Suisse on Friday warned against excessive government intervention in the lending policies of banks that have been bailed out by the state.
'In view of the growing number of banks relying on government support, however, I have concerns that excessive state intervention regarding the lending policies of banks or the realignment of their structures could have negative implications for the entire sector,' said Walter Kielholz."
Maybe he did't get the memo, Obama is taking care of everything .. it will will be fine soon.
It doesn't matter that over 700 analysts looked into Obama's plan and said flatly it would make matters worse. Obama knows, because his team of people who can't file their own tax returns said so.
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