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View Diary: Explosive Bloomberg Editorial: Bank Profits are "almost entirely" Taxpayer Money (125 comments)

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  •  They aren't getting the security (3+ / 0-)
    Recommended by:
    Deep Texan, Balto, VClib

    of government backing; they're making a bet that they will get that in the future.

    Bloomberg really dropped the ball in assuming people that never follow finance and don't seem to understand it would leave this editorial with a better, rather than worse, understanding of the world.

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