Mar 23 2009
Chicken soup for the wallet
President Obama’s is offering to take “toxic assets” off the hands of the hands of banks who are apparently sinking under their weight. These toxic assets, totaling some $1 trillion dollars are seen as the catalyst that plunged the world into its current economic crisis. The U.S. Treasury will start a new program using $75 to $100 billion already allocated for other rescue operations setup to help the market get moving again. (Is this like killing a healthy chicken to make chicken soup for a sick chicken?)
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