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To: Mike M2 who wrote (45117)11/17/1999 12:54:00 PM
From: long-gone  Read Replies (4) | Respond to of 116753
 
<<bureaucrat floating the idea of the banking system buying bad corporate debt to monetize it. Perhaps it was a few months ago. i don't recall any details did anyone else hear this or was I dreaming ? >>

I too recall something of this, but also know little more, except recall Summers was pushing the idea.