Thursday, April 9, 2009

Bailout Bonds. . . For the little people

Voltron says: First the Treasury put such large restrictions on who could participate in the government subsidized Public-Private Investment Fund (PPIF) that only BlackRock, Pimco and the holders of toxic assets themselves could participate.   Evoking wartime Liberty Bonds they now want to create bonds to give "mom and pop" and opportunity to "participate in the recovery"  Voltron asks: is there a way to short this?

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