Posts Tagged ‘commercial paper’

Developers Deserve the Next Bailout

bailout 300x300 Developers Deserve the Next BailoutEarlier this week, there was an article in the Washington Post outlining how GE outsmarted the system, because their failure would pose a “systemic risk” to the market if allowed to fail. “This was crisis management on steroids,” said a person familiar with the process. “A lot was made up on the fly.”

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