TOO SMALL TO FAIL: A POLICY ALTERNATIVE TO THE BAILOUT » A Green …

by on March 15, 2010

The Treasury Secretary was authorized to spend up to $700 billion to purchase distressed assets including mortgage-backed securities. These mortgage-backed securities were made possible by the repeal of the Glass-Steagall Act in 1999 …

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TOO SMALL TO FAIL: A POLICY ALTERNATIVE TO THE BAILOUT » A Green …

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