2008/09/19

Fat Cats Burden US Taxpayers with Trillions of Dollars of Losses in the Marketplace

On Wall Street and in Washington, there is increasing expectation that U.S. taxpayers will either take the bad assets off the hands of financial institutions so they can raise capital, or put taxpayer capital into the companies, as the Treasury has agreed to do with mortgage giants Fannie Mae and Freddie Mac. As always the [...]

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