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September 14, 2011

Major US Banks Continue to Battle Surge of Negative Populist Opinion and Lawsuits

Many huge, privately held banks and lenders employ Fannie and Freddie to insulate their investments and this allows them to extend more credit. Many financial experts have insisted that a choice by regulators would gut the banks and present another serious roadblock to US economic recovery. Some financial experts see this as a political response to the negative populist belief of banks, which received huge taxpayer support in the form of a bailout only a hardly any years ago.
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