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Group: mn.politics · Group Profile · Search for Bad Debt Worthlessness in mn.politics
Author: Zaroc Stone
Date: Sep 20, 2008 09:30
...authority to have taxpayers buy up worthless assets from banks, have the government...government sorted out good loans from bad, and sold off assets at .... Today, the scale of the bad assets on the books of ... unknowable. For example, insurance against bad debt, underwritten by companies such ... knows how much of this debt will ultimately be paid back,... for taking a lot of bad paper off the books of ...
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Group: alt.philosophy · Group Profile · Search for Bad Debt Worthlessness in alt.philosophy
Author: Hardoan
Date: Feb 27, 2008 19:14
... suits tossing bundles of suddenly worthless paper up in the air,... the government happens to be debt addict and gambler number one.... far below inflation, by accepting worthless bits of paper as collateral...lead to hyperinflation, which is bad enough in any economy, but...slaving away working off their debt than a self-sufficient one...Foreign creditors decide that their debts might not be repaid after...
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