POLS I (3) - (FDIC) E .. Buy a lot of those subprime loans...

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Problems: Unemployment Government response A. Nationalize (AIG) Assume $100 Billions of liabilities B. Give banks a bailout so they won't go under Troubled Asset Relieve Program (TARP) C. Give banks unlimited $ because they won't lend to each other Federal Reserve (FED) D. Take over failed banks
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Unformatted text preview: (FDIC) E .. Buy a lot of those subprime loans (nationalize Fannie/Freddie) $5 trillion in mortgage debt F. Give states money American Recovery and Reinvestment Act (ARRA) G. help struggling homeowners Making Home Affordable Program...
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This note was uploaded on 03/27/2012 for the course POLS 2305 taught by Professor Ozymy during the Spring '10 term at Texas A&M University, Corpus Christi.

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