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Geithner Warns of Future Bailouts

Good idea Timmy. When the next crisis hits this year, we can just quadruple our debt again!


SAN FRANCISCO (MarketWatch) — Treasury Secretary Timothy Geithner warned that the U.S. government may have to bail out major financial institutions again if there’s a crisis as big as the last one, according to a report released Thursday by a group overseeing the Troubled Asset Relief Program.

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