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While We Complain About AIG Rome Burns

March 19, 2009

$750 Billion to Fannie Mae

$300 Billion to buy Treasuries

$100 Billion to buy Fannie Mae/Freddie Mac Debt

total=over a Trillion dollars
AIG Bonuses less than $200 million

Both are bad deals, one is theater another is going to bankrupt the country.

Is Geithner finally doing his taxes and too busy to enact a viable plan to put the credit market back on its feet?

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