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credit markets

Commentary

What Is The Real Reason For The $700 Billion Bailout?

by Rob K. Blake | October 11, 2008

I promised you last week after outlining my belief the “frozen credit markets” was a contrivance by Fed Chairman Ben Bernanke and Treasury Secretary Hank Paulson, I’d spill the beans on why the dynamic duo wanted to lay their hands on $700 Billion since it wasn’t needed to thaw out anything.
So here goes..and I warn [...]

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