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Unless I'm reading this wrong, isn't this good for banks? The gov't is paying the debts, not just declaring them gone. The banks get everything back.
by lifeformed 12y ago
Unless I'm reading this wrong, isn't this good for banks? The gov't is paying the debts, not just declaring them gone. The banks get everything back.
- gnoway 12y agoNo. The article points out that the lenders will not be reimbursed.
- lifeformed 12y agoWhat's the $31-300M cost going towards then?