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Jester_Vandalay

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Jester_Vandalay

Re: Jester_Vandalay post# 30709

Friday, 02/20/2009 3:41:00 PM

Friday, February 20, 2009 3:41:00 PM

Post# of 42555
Dodd FLIP-FLOP on Nationalization from prior post

Dodd Says Obama Administration Trying to Avoid Nationalization

By Steve Geimann

Feb. 20 (Bloomberg) -- Senate Banking Committee Chairman Christopher Dodd said the Obama administration is seeking to avoid nationalizing banks, and said that he doesn’t want the government to take that step.

Dodd said on Bloomberg Television’s “Political Capital with Al Hunt” that President Barack Obama and Treasury Secretary Timothy Geithner are “working hard” on programs to help rescue the financial-services industry.

Last Updated: February 20, 2009 11:47 EST

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