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02 Dec

[Brad DeLong]: The Geithner Plan FAQ

The Geithner Plan is a trillion-dollar operation by which the U.S. acts as the world's largest hedge fund investor, committing its money to funds to buy up risky and distressed but probably fundamentally undervalued assets and, as patient capital, holding them either until maturity or until mar ...

Bury NewsJunk.com March 22


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