Topic: Newsmax
Dick Morris uses his April 29 Newsmax column to falsely assert that the financial reform bill "guarantee[s] banks' survival by establishing a $50 billion rescue fund." In fact, the fund is designed to liquidate failing financial institutions, not "rescue" them.
We have more at Media Matters.
Posted by Terry K.
at 11:32 PM EDT
Updated: Thursday, April 29, 2010 11:32 PM EDT
