"The companies said that the Federal Reserve would provide special financing in connection with the transaction and that the Fed had agreed to fund up to $30 billion of Bear Stearns’s “less-liquid assets.”Bailouts suck. The GOP should do something about welfare moms with widescreen televisions and Cadillacs."
Monday, March 17, 2008
The Invisible Hand of Governement Bailout [+Hypocrisy.]
Balloon Juice:
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