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Yellen announces "no bailout" and a few hours later, there is a bailout.
by throwaway81523 4y ago
Yellen announces "no bailout" and a few hours later, there is a bailout.
- hnthrowaway0315 4y agoFrom my understanding this is not a bailout. Equity is wiped out?
- throwaway81523 4y agoA private party's debts are getting paid with public funds. That is a bailout.