Eric J in MN
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Fri Nov-21-08 12:23 PM
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1. Where was the demand for Wall Street firm to show their business plans... |
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...before getting $700 billion?
I don't get why Wall Street CEOs didn't have to testify at all before the $700 billion bailout was passed, but the testimony of the automobile CEOs is considered insufficient because they didn't prove they have a new business plan.
The idea of lending the automobile companies money is to help the automobile companies get through the recession, or at least get through the next few months.
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