Sunday, January 23, 2011

China's ICBC Moves - WSJ.com

China's ICBC Moves - WSJ.com
CHICAGO—China's biggest bank signed an agreement that would make it the first Beijing-controlled financial institution to acquire retail bank branches in the U.S., though regulators could still block the deal.
If this isn't blocked, we will no longer have to wonder who will own bankrupt States.

Maybe the US under Resident Obama is for sale too. At least he keeps lowering the price by pushing it deeper into bankruptcy and making economic conditions favorable for takeover.

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