$700B to buy toxic loans from financial intitutions? Who is going to repay that tax payers or financial instit?

Answers:0   |   LastUpdateAt:2012-10-10 05:11:33  

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seena
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Not your typical financial institutions were approving loans left and right , even to people they knew could not pay and make a lot of money . Now that you have those toxic bad loans where no more money to be thrown out , taxpayers are forced to buy them ? I'm trying to understand what is going on , please correct me if I'm wrong and explain ! ! MedlinePlus thanks
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