``Anyone want to bet there aren't some dirty games that go on in this bidding process that effectively puts the capital in the hands of the bank and moves the risk to the balance sheet of the taxpayer? Just how many degrees of separation are their from private equity and these banks? Who's to say they don't bid up their own assets indirectly? It's a stealth way to capitalize the banks to the tune of $1T without having to go to CONgress asking for another round of "bailout" capital. Sure there will be legit uses of this program but can you really trust these guys any longer? Geithner is a toxic asset himself and needs to be put on someone else's balance sheet.''
A very good explanation of how this will work. Click here if the video does not appear below.
