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Regulators Pledge to Shore Up Banks, But Keep Them in 'Private Hands'

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February 23, 2009 – Comments (0) | RELATED TICKERS: UYG , FAS

Federal regulators are planning to launch a revamped program to inject capital into financial institutions on Wednesday, but insisted that U.S. banks should stay "in private hands" amid growing talk of nationalization.

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Sounds good to me.  C'mon, FAS, let's see $50!  

Plus with Joe Biden as "Stimulus Czar", how can FAS @ $50 NOT be possible???

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