Bailout Nation: "If we bail out Detroit, where do we stop?"

The unprecedented government takeover of Fannie Mae and Freddie Mac has ushered in a new era of government intervention in corporate ... is a bad credit risk -- the corporate equivalent of a subprime borrower looking for a huge mortgage ... billion in low-interest loans, the L.A. Times reports. There are also whispers on Wall Street [more...]

Date: 2008-09-11 00:30:25

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