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Thursday, November 4, 2010

Bankruptcy of U.S. is ‘Mathematical Certainty,’ Says Former CEO of Nation's 10th Largest Bank

Senate Banking Chairman Chris Dodd (D.-Conn.) and House Financial Services Chairman Barney Frank (D.-Mass.) with President Barack Obama. (Associated Press photo)
John Allison, who for two decades served as chairman and CEO of BB&T, the nation's 10th largest bank, told CNSNews.com it is a “mathematical certainty” that the United States government will go bankrupt unless it dramatically changes its fiscal direction.

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