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The Treasury’s Hedge Fund?

bloggernews.net » 2008 » October » 7th » The Treasury’s Hedge Fund?

Tagged: economic news, all news

Will the bailout enacted last week do the job? The Emergency Economic Stabilization Act of 2008 1 vests in the Secretary of the Treasury liberal freedom to essentially run a $700 billion hedge fund. Consider the following, - The act “establish[s] the Troubled Asset Relief Program … to purchase, and to make and fund commitments to [...] … Continue Reading »

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