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#4 |
Project Avalon Moderator
Join Date: Sep 2008
Location: Northeastern Brazil
Posts: 1,259
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Hi ralok_j,
The initial bailout plan for the major banks was to help small businesses. Small businesses borrow from the major banks. The report was extremely clear. The proposal was not to help small businesses. The additional bailout is for smaller finance companies to keep liquidity, so they can lend money to the public. Best regards, Steve |
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