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IPFS News Link • Federal Reserve

Bernanke Urges ‘Strong Measures’ to Stabilize Banks by Creating Bad Banks

Another measure “would be to set up and capitalize so- called bad banks, which would purchase assets from financial institutions in exchange for cash and equity in the bad banks,” he said.

1 Comments in Response to

Comment by Powell Gammill (1004)
Entered on:

And people are upset with Madeoff. He's a piker compared to the grand scale of ripoff being overtly done to "save you." The only economy I see improving is the economy of the people controlling government who are ripping you off. Unbelievable. But keep listening to the chirping heads. And keep your head down because dissent will not be tolerated. It could threaten our incredible fantastic unbelievable economic recovery.