Graham: We May Have To Nationalize Banks
Republican Sen. Lindsey Graham of South Carolina of the Senate Budget Committee said today on "This Week" that he is open to "nationalizing the banks."
"This idea of nationalizing bank is not comfortable but I think we have got so many toxic assets spread throughout the banking and financial community throughout the world that we're going to have to do something that no one ever envisioned a year ago, no one likes," he said.
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