13 July 2009

Left Hand Meet Right Hand

Bank Sues Itself. The initial facts reported don't appear to redeem the case.

In rare cases, divisions of the federal government (typically, one part is an independent agency) can sue each other. But, the federal government is designed to be intentionally at cross purposes with itself from time to time. In contrast, all divisions of a bank are supposed to advance the end of shareholder profit.

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