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That line is a whopper! All they managed to do was conceal fundamental problems a bit longer by offloading crap assets on the taxpayers. And, possibly, make the
by rdiddly 10y ago
That line is a whopper! All they managed to do was conceal fundamental problems a bit longer by offloading crap assets on the taxpayers. And, possibly, make the inevitable bank failures more spectacular and destructive when they do happen.