Old 02-22-2009, 09:51 AM
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Join Date: Dec 2004
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Posts: 10,213
Default Re: Help Me Understand This Bank Bailout Thing

joenew61 - 2/22/2009 11:39 PM

...So in effect they got 45 billion in cash, and an obligation to the government of 45 billion. When you borrow a dollar, it doesn't increase the equity in your company.

I think you may have just hit it right there. That makes sense.
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