Magician makes $250 billion disappear - The Business Facilities.
Business Facilities
NOVEMBER 18, 2008
The bailout bill was given this name because Paulson told Congress he was going to use the $700 billion to buy up all of the bad loans the banks made in their headlong binge to inflate the housing bubble. Hank neglected to mention that the idea for this massive injection of capital actually came from the British prime minister, Gordon Brown.
Let's personalize your content