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Recent articles related to the financial crisis.

Monday, August 31, 2009

 

On the Profitability of the TARP

by Dollars and Sense

Two views.

First, Daniel Gross.

Then, Yves Smith.

I'm with Smith. Even if *some* pecuniary benefit eventually accrues to the government's balace sheet, huge losses still loom, and the system remains dependent on us bailing out those responsible for the crisis, in effect enabling them to screw us again.

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8/31/2009 10:52:00 AM

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