Good for Senator Shelby for making the pertinent comments. I think questions about the Fed's corporate welfare program will come under increasing scrutiny as time goes by.
I remembered this question from an earlier post from you.
how about this bit of news regarding the corporate welfare state and willing bedfellows:
Buddy, Can You Spare a Billion?
Meet Alan Schwartz, welfare recipient.
As the chief executive of Bear Stearns, he's getting rather more public assistance than your typical welfare mom -- specifically, $30 billion in federal loan guarantees to help J.P. Morgan Chase take over his firm. But then, Schwartz has had rather more than his share of suffering of late.