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Non-Tech : Banks--- Betting on the recovery
WFC 85.59-0.6%2:34 PM EST
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To: Hawkmoon who wrote (1105)8/27/2010 11:22:20 AM
From: tejek   of 1428
 
,I>But it must go further. It must reduce the tax burden related to training, hiring, and retaining skilled workers for small business.

In sum, when stimulus money is spent, it must be spent with the intention of deriving a ROI for the taxpayers, not just to provide overly cautious financial institutions a place to park their depositor's money in gov't debt, with interest paid by the taxpayer.

Finally, naked CDS should be outlawed, and US courts instructed not to uphold claims by naked CDS speculators.

Agreed.
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