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The bail out that underpinned the financial crisis; "calling all funds everywhere : we will cover your stupid mess, you cannot, will not lose." This, and floggi
by sgt101 11y ago
The bail out that underpinned the financial crisis; "calling all funds everywhere : we will cover your stupid mess, you cannot, will not lose." This, and flogging all the gold are the reasons to blame Gordon Brown for the current mess the UK's in.
- whatok 11y agoTo be clear, the Fed organized a private sector bailout of LTCM but did no taxpayer money was spent on it. Much different than the financial crisis.