GEITHNER UNVEILS, MARKETS CRASH

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Financial Rescue May Cost More Than $1 Trillion, Mr. Geithner just said !!!

At the same time :

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SP 500 crashed more than 3 %…

 

As we can see, markets are not very happy with the bailout plan…

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1 Comment »

  1. Polo Villaamil Said,

    February 10, 2009 @ 9:49 am

    $100bn from the TARP levered 10x would do then, but we still need to address the issue of which toxic assets to buy and at what prices… Paulson’s direct cash investment in the banks seems more straightforward to me

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