Trillions for Wall St., poverty for workers - Workers World
Story date: 2009-03-30 12:16:51
Added on: 2009-03-30 00:22:09
Trillions for Wall St., poverty for workersWorkers World“It works like this, according to the Treasury Department fact sheet: Imagine that a bank wants to sell mortgage loans with a $100 million face value. The FDIC [Federal Deposit Insurance Corporation] would auction the loans to private bidders. ...
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