C-Bonds

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Scrappleface:

The Bush administration today, in an another effort to reassure global investors that capitalism carries no risk of loss, announced today that J.P. Morgan Chase’s takeover of the near-bankrupt Bear Stearns financial firm would be secured by $30 billion in government surplus cheese.

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This page contains a single entry by published on March 17, 2008 10:27 PM.

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