Actually, nobody knows, not even the major banks who are lending the money.
"We've lent some of it. We've not lent some of it. We've not given any accounting of, 'Here's how we're doing it,'" said Thomas Kelly, a spokesman for JPMorgan Chase, which received $25 billion in emergency bailout money. "We have not disclosed that to the public. We're declining to."
Kelly, however, did not mention in the MSNBC reports that if another bail-out is needed soon, banks and automakers will not be hesitant to ask for another astronomically high dollar amount, almost in rote.
- As the pundit would editorialize here, boys, "How many sets of books are these guys using, and when they cook the books, are they going to do it stove-top style or by microwave?
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Morgan Freeman and his wife are getting a divorce. Finally, he can live up to his last name.
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