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Search: Posts Made By: MikeWaters
Forum: Finances 09-26-2008, 12:41 AM
Replies: 0
Views: 3,058
Posted By MikeWaters
I think the Paulson plan is bad, and is dead in the water

$700 billion to buy these bad securities is unnecessary, doesn't place the burden on the bad businesses, doesn't allow bad businesses to fail, and frankly creates a moral hazard.

The RTC handled...
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