Greg Palast reports:

The $200 billion bail-out for predator banks and Spitzer charges are intimately linked

While New York Governor Eliot Spitzer was paying an A-escort- $4,300 in a hotel room in Washington, just down the road, George Bush’s new Federal Reserve Board Chairman, Ben Bernanke, was secretly handing over $200 billion in a tryst with mortgage bank industry speculators.

Both acts were wanton, wicked and lewd. But there’s a BIG difference. The Governor was using his own checkbook. Bush’s man Bernanke was using ours.

Full story at Gregpalast.com