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Entries Tagged as 'wall street bailout'

700 Billion Bucks at Stake in “Bailout Billiards”

September 29th, 2008 · No Comments · Banking, Consumer Debt

Remember those tounge-twisters we loved as kids? Say this a few times quickly: “buku billion bucks buys bad bank books in bailout billiards”. Or perhaps a more appropriate gaming analogy is the Treasury Department going “all-in” in a $700 billion Texas Hold ‘Em poker bet. All kidding aside, either way, it’s a scary proposition for [...]

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