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The Idea That Won't Die

Matthew Yglesias found this 1/19/2009 on talkingpointsmemo.com

We seem to be sweeping back around to the original TARP idea -- buying up the banks' 'toxic assets' to allow them to clear the decks and start lending again. It's not completely clear to me whether this is being pushed mainly by the carryover regulators like Sheila Bair who are trying to sell ...