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What a great way to save the economy, spend money you don't have on speculation because if the company fails, they will be unable to pay the bond back. The funds from the bond are to help failing banks with their troubled assets.
As part of its sweeping plan to purge banks of troublesome assets, the Obama administration is encouraging several large investment companies to create the financial-crisis equivalent of war bonds: bailout funds.http://www.nytimes.com/2009/04/09/business/09fund.html?_r=1&ref=business
Posted : 09/04/2009 2:45 pm