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Daily Archives: March 16, 2009

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Tim Geithner’s Misguided Foreign Bailout Plan

Archive - Pre 2015By adminMarch 16, 20091 Comment

With Treasury Secretary Timothy Geithner now calling on U.S. lawmakers for at least US$100 billion in fresh taxpayer cash to support increased IMF bailouts to foreign countries, a hard look needs to be taken at governments that lack the internal controls to manage the huge inflows of capital being proposed as panaceas to the global…

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