Market Currents
Thursday, October 29, 2009
10:31 AM
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More from Geithner - no more AIGs: "Any firm that puts itself in a position where it cannot survive without special assistance from the government must face the consequences of failure. The proposed resolution authority would not authorize the government to provide open-bank assistance to any failing firm."
This news story has 7 comments:
Ok, does it prevent the gov from doing this, or is it lip service to pissed off Americans that does nothing more than give a false impression the gov thieving from taxpayers is over?