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8 Up Down

Greek Bailout - Arrives with Bells On

http://feedproxy.google.com –

US banks, Fannie, Freddie, AIG, Dubai, Greece... let us keep this moral hazard party going. It's official.

If you are following along at home...

UAE stands behind Dubai
EU stands behind Greece (as they will behind Portugal and Spain)
Japan stands behind itself
The IMF will stand behind the UK
Federal Government stands behind US banks, Fannie, Freddie, AIG
Federal Reserve stands behind Federal Government

Read the full story...