I did not want anyone to miss this video from John Stossel’s program about Ayn Rand and Atlas “Shrugged”, so I posting this segment separately.
John’s interview of John Allison, Chairman of the 9th largest bank in America (BB&T Bank) who requires his executives to read “Atlas Shrugged”. BB&T, who even though they had a policy not to make subprime mortgages, and were overcapitalized, were “strongly encouraged” to take T.A.R.P. money and ended up paying approximately $250 million for money they did not originally need to help keep the public in the dark as to which banks were actually sick. What you are about to hear will make you ill.
Considering the amount of investigation and research that John Stossel does on a regular basis, today’s show on Ayn Rand’s ‘Atlas Shrugged’ should fall in the category of ‘Don’t Miss’. Mr. Stossel, speaking on Fox and Friends this morning shows some of the correlations between the book and what is transpiring inside America under the current administration. Stossel’s show is on at 8pm eastern on the Fox Business Network.
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UPDATE: Actual show footage:
John’s interview of John Allison, Chairman of the 9th largest bank in America (BB&T Bank) who requires his executives to read “Atlas Shrugged”. BB&T, who even though they had a policy not to make subprime mortgages, and were overcapitalized, were “strongly encouraged” to take T.A.R.P. money and ended up paying approximately $250 million for money they did not originally need to help keep the public in the dark as to which banks were actually sick. What you are about to hear will make you ill.
