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re: WHy the bailout???
Posted on 9/19/08 at 6:17 pm to Parliament
Posted on 9/19/08 at 6:17 pm to Parliament
AIG: Because it's an insurer and would also have a cascade effect.
MMA's: Because if these fail then there will be an extreme panic and everyone will try to take out their money.
MMA's: Because if these fail then there will be an extreme panic and everyone will try to take out their money.
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