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Tag Archives: Hank Paulson
Perpetual Ponzi Scheme
SECRETS AND LIES OF THE BAILOUT The federal rescue of Wall Street didn’t fix the economy – it created a permanent bailout state based on a Ponzi-like confidence scheme. And the worst may be yet to come By Matt Taibbi/ … Continue reading →
Posted in Barack Obama, Economics, economy, finance, government, inequality, taxes, Wall Street
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Tagged $700 billion, bailout, Ben Bernanke, Citigroup, Goldman Sachs, HAMP, Hank Paulson, Larry Summers, Matt Taibbi, Ponzi scheme, Rolling Stone, TARP, Tim Geithner
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