Friday, January 14, 2011
SIMON JOHNSON: Now US Taxpayers Are Subsidizing Goldman's Investment In Facebook--This Madness Must End!
SIMON JOHNSON: Now US Taxpayers Are Subsidizing Goldman's Investment In Facebook--This Madness Must End!: "These subsidies, professor Johnson says, take the form of special access to the Fed's 'discount window' and ongoing, unwritten 'Too Big To Fail' guarantees that the US taxpayers will cover any major losses the banks incur--by bailing them out all over again.These subsidies allow the big
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