Sachs has a very interesting article about how banks will be able to "game" Treasury's asset purchase plan, and thus greatly milk taxpayers for even more money, while not wiping out the shareholders.
http://www.huffingtonpost.com/jeffrey-sachs/the-geithner-summers-plan_b_183499.html
Pull out the torches and pitchforks, damnit!
Monday, April 6, 2009
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