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IPFS News Link • Federal Reserve

Treasury Announces Targeted Investment Program of "Citi-Style" Rescues

1-03-09 • Michael Shedlock / Mish

When the treasury says it will use "extreme discretion in order to improve market confidence" it really means there will absolutely no discretion; that it will do what it damn well wants, anytime it wants, whether it has the money to do so

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Reported By Jack Gregson

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Treasury Announces Targeted Investment Program of "Citi-Style" Rescues

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