The Fairbank Report...(如意報告)
**NB: Signed articles represent the opinions of the respective
authors and do not necessarily reflect the views of THE FAIRBANK REPORT/RUYI BAOGAO (如 意 報 告).
21 September 2008
Bail-out Nation
1. Bear Stearns 2. Bail out of unworthy homeowners to the tune of $300 billion 3. Fannie Mae 4. Freddie Mac 5. AIG
See/search for our piece on the phenomenon of "moral hazard."
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