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Bailout Bill Passes; What Happens Now?

Great article, but then what should Paulson now do with the $700 billion? Not all banks deal in SIVs. To do business with the Federal Government, why not have all banks become transparent, including off balance sheet items like SIVs? Those banks like C, GS and MS and perhaps JPM or BAC, who have such derivatives that cannot be eradicated will be excluded from the program. The rest will sell all their junk to Paulson and get the Paulson good banking seal of approval. Then the Paulson plan will work.