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w¡n9Nµ7 §£@¥€r

Lehman is bankrupt; Merrill Lynch got bought out by BofA; and AIG needs 40 billion - and it's a freakin' Sunday

By w¡n9Nµ7 §£@¥€r in Off Topic

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Trumplestiltskin Grand Master

Trumplestiltskin   5,791

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The rationale behind bailing out these companies is that the effect of their collapse will have a greater effect than keeping them afloat.

Still this is as good an example as any of what happens when you push for entirely unfettered free markets. If the public have to step in - it just shows that we should have had more regulation to begin with.

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