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IPFS News Link • Economy - Economics USA

Destined To Fail

10-21-2007 • MISH: Global Economic Analysis

The SIV bailout plan is destined to fail. Fraudulent buying of asset backed commercial paper at inflated prices to hide losses won't do a thing for the average Joe struggling to make house payments. Nor will it help those laid off, nor will it he

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Reported By Mike Shedlock

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