What the Obama administration is doing with the banks is far worse than nationalization: it is the privatizing of gains and the socializing of losses.
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What the Obama administration is doing with the banks is far worse than nationalization: it is the privatizing of gains and the socializing of losses.

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DealBook: The Hard Line on Greece
DealBook: The Hard Line on Greece
Greece is in a standoff with the European Union, and everyone is trying to âwar gameâ the outcome. Who is bluffing
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S.&.P. Announces $1.37 Billion Settlement With Prosecutors
S.&.P. Announces $1.37 Billion Settlement With Prosecutors
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Wall Street Nostalgia for Geithner
Wall Street Nostalgia for Geithner
The warm welcome bank chieftains recently gave the former Treasury secretary could be misinterpreted as appreciation for an old softy, Rob Cox of Reuters Breakingviews says
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Geithner Says an A.I.G. Bankruptcy Could Have Been âMore Damagingâ Than Lehmanâs
Geithner Says an A.I.G. Bankruptcy Could Have Been âMore Damagingâ Than Lehmanâs
Timothy F. Geithner, who was president of the Federal Reserve Bank of New York in 2008, was questioned about statements he has made about the bailout of A.I.G.
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Wall St. Bankrolls Ex-Executive as He Sues Over A.I.G. Bailout
Wall St. Bankrolls Ex-Executive as He Sues Over A.I.G. Bailout
Maurice R. Greenberg, the former chief of A.I.G., has now raised several million dollars from three Wall Street investors to help cover the cost of the case.
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Geithner Book Reveals Consensus, not Vision, During Financial Crisis
Geithner Book Reveals Consensus, not Vision, During Financial Crisis
The flaws in Timothy Geithnerâs tenure turn out to have replicated themselves in other Obama appointees, Jesse Eisinger writes in The Trade.
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