Let's dupe them again!!!
Submitted by ri_liberty_guy on Fri, 04/03/2009 - 10:01
This is ridiculous... Okay team, we almost collapsed the economy by bundling and selling bad debt, what do you say we start buying some of this bad debt back with the taxpayer bailout we received and sell it to the investors (taxpayer) again. This should solve all our problems.
Reuters) - U.S. banks that have received government aid, including Citigroup Inc, Goldman Sachs, Morgan Stanley and JPMorgan Chase & Co, are considering buying toxic assets to be sold by rivals under the Treasury's $1,000 billion plan to revive the financial system, the Financial Times said.
http://finance.yahoo.com/news/Bailedout-banks-eye-toxic-rb-1...
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