Uh, I have a bad loan I made. Will you buy that?

October 15, 2008

Yves Edwards reports on the TARP farce.  The auto industry made many bad car loans, which it naturally wants the government to buy with TARP funds.  That this has little to do with the liquidity problem the TARP is mean to fix is of no consequence to the corporations involved.  Cue sound of snorting, ravenous pigs.

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