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Overnight Open Thread

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3 wood3/23/2009 4:27:07 am PDT

re: #423 MandyManners

What about the $1,000,000,000,000.00 buying of bad loans that Fox said will be announced today?

That’s part of it, but they need private capital to make that work.

Or we can discontinue “mark to market” and cut the problem down to about half a trillion and be done with it.

But that would make too much sense.