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BS News: The $700,000,000,000 Bailout

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It’s been around a week since the unprecedented bailout plan was proposed to save Wall Street. The plan that was devised in desperation to avoid a repeat of the great depression is intended to provide quick relief to the failing mortgage market. As one might have expected, politics has been and will continue to stall the implementation of the big bailout - perhaps until it is too late.

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Written by Bernard Fecalstein

September 27th, 2008 at 11:03 pm

Posted in BS News

Tagged with , , , , ,