Is THIS how the bank bailout money is being used?

Who do the banks owe money to? Are those hedge funds affiliated with
the very banks that were bailed out? Prof. Chossudovsky explains. He
emphasizes the bailouts will not help the crisis, but will exacerbate
it. He explains that to pay for Obama's budget defecits, public roads
and parks will be sold off to private companies and banks, who will
charge user fees to citizens, and that these user fees will be used to
pay back the bailout money to the government. In short, the government
is helping the banks finance their own debt. He also says that bailed
out banks are using the bailout money to buy up assets in the real
economy ( such as industry, tech, & airline stocks) at rock bottom
prices, which will dramatically change the ownership structure in
America. Will this lead to the creation of a financial and industrial
oligarchy?