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IPFS News Link • Economy - Economics USA

Paulson Announces Super-SIV Failure Already

11-11-2007 • MISH: Global Economic Analysis

Details of the Super-SIV Bailout have been finalized. Paulson acknowledged that the proposed backup fund would not rescue troubled SIVs, only lead to a longer and more orderly demise. This is an amazing admission of failure right as the agreement has

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Reported By Mike Shedlock

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