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IPFS News Link • Obama Administration

Mish: Bernanke's Boiled Frog Plan To Recapitalize Banks

• Michael Shedlock / Mish
Expect taxpayers to be forced into supporting Citigroup at substantially above market prices. Remember, taxpayers are on the hook for $300 billion in debt guarantees for which we got a lousy $7 billion in preferred shares.

http://www.thelibertyadvisor.com/declare