Terrorist Getting Bailout Loan:Al Qaeda operative had $50k in unsecured loans from bailout banks
Al Qaeda operative had $50k in unsecured loans from bailout banks
This story comes from Karl Denninger at Market Ticker. It seems the admitted Afghan Al-Qaeda operative currently being questioned by the FBI for a possible attack against NY targets, Najibullah Zazi, had obtained unsecured credit cards amounting to $50,000 by the time he declared bankruptcy this past March. As the NY Daily News reported yesterday:
Between 2005 and 2008, he opened credit card accounts with Bank of America, Chase, Capital One, Discover and Citibank and ran up a debt of more than $50,000.When he filed for bankruptcy, Zazi said he hadn’t worked in two months.
How many of those banks received bailout money? Sadly, all of these banks happily loaned mountains of money to immigrants - legal and illegal alike - and all other manner of individuals who had no possibility of repaying. Bills your children and grandchildren will be paying for many years to come.
Read more Jawa
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment