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  • Wall Street Breakfast: Must-Know News [View article]
    Gonna spend it and pay interest for ever and ever. That's what.


    On Dec 17 11:40 AM TBill wrote:

    > Left over TARP money??? Like there is a safe full of it and it's
    > just collecting dust??
    > There's no such thing. If they spend more money, they have to go
    > out and borrow it.
    > That's like planning to borrow and buy a $200k house, finding one
    > for $150 and saying 'gee, we got $50K left over, what are we going
    > to do with it?'
    Dec 17 11:56 am |Rating: +1 -1 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Exactly who would take the loss on the toxic assets the Federal Reserve holds should the worst happen?

    Who would reap the rewards if the best happens?

    Do the profits or losses just stay there forever?

    Could the Federal Reserve go into conservatorship?
    Sep 21 14:06 pm |Rating: +1 0 |Link to Comment
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