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Towering Intellect

Tax Dollars Well-Spent

January 11th, 2008 by Nate

Apparently my tax dollars are going to help Bank of America acquire Countrywide (and its massive portfolio of junk bonds). This is great! Now they can roll that money into sending me even more junk credit card offers!

Source: Taxpayers to help foot BofA’s $4.1 billion Countrywide bill - Fortune Magazine - Jan. 11, 2008

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