What’s wrong with the Trickle-Down Bailout?
Tags: 2008 Election + Bailout + Deficit + Fannie Mae + Ginnie Mae + Treasury + US Dollar
Federal Reserve Chairman Bernanke and Treasury Secretary Paulson have proposed what they say is a comprehensive bailout plan that promises to restore the US financial system to health.
A key component of their plan is to overpay for US banking assets with hopes that down the road, time will bail us out when the crisis passes […]
September 25, 2008 - Economy, Markets, Politics - 0 Comments
Recent Comments