Bernanke Signals U.S. Should Pay More for Bad Debt | WHAT REALLY HAPPENED


Bernanke Signals U.S. Should Pay More for Bad Debt

Federal Reserve Chairman Ben S. Bernanke signaled that the government should buy devalued assets at above-market values to make its proposed $700 billion rescue package most effective in combating the financial crisis.

Webmaster's Commentary: 

How does it make the bailout MORE effective to pay MORE for the assets than they are actually worth?!?!?!?

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