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here is a question......how much is predicted that this bailout will actually move the credit markets?
is it 40%
50%
I'm not sure that's the right way to look at it. The goal is to get things unfrozen so that high-quality borrowers can get low-risk loans again Think: Goodyear can issue 90-day commercial paper to fund operations.
Money for Leveraged Buy-Outs can wait, and the zero-down mortgages will hopefully never happen again.
What percentage that is I don't know. If any large _profitable_ company shut down due to lack of cash for ongoing operations, then it didn't work. Avoiding the resulting layoffs is the point.
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