True to its pedigree, the Bush administration's proposal to bailout the financial system contains not a single element of shared pain by Wall Street. According to the text I have read, the bozos who bought the mortgage-related assets (MRAs) that contained toxic loans, or that floated the toxic loans in the first place, get those loans purchased by the US government.
That's it. No pain for Bush-McCain-Paulson pals on Wall Street.
The only "considerations" for the Treasury Secretary, who is to...
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