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Posted on March 23, 2009 | tags

 
 

Biz, U.S.: The Obama administration has a plan for toxic assets. Hoo-ray!

  • $500 billion amount the Obama administration wants to spend to buy back toxic assets, to later resell
  • $100 billion maximum amount the administration will kick in to get the ball rolling; Wall Street likes this (so far) source
 
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