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Banks were bailed out by quantitative easing to the tune of $4+T, so at the very least, one can draw a direct line from that government bailout from banks to ba
by dv_dt 7y ago
Banks were bailed out by quantitative easing to the tune of $4+T, so at the very least, one can draw a direct line from that government bailout from banks to bank stock shareholders.
Just to review: QE bought risky Mortgage backed securities off of banks and finance companies completely absolving them of carrying the negative effects of their bad investments...