Stossel

John Allison, Chairman BB&T Bank on Stossel; Truth About The T.A.R.P.

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.…
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