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Saturday, March 28, 2009

Obama's Latest No Banker Left Behind Scheme

On Wall Street, that is. So hyped by advance fanfare, Timothy Geithner unveiled his Public-Private Investment Program (PPIP) on March 23, the latest in a growing alphabet soup of handouts topping $12.5 trillion and counting - so much in so many forms, in "gov-speak" language, with so many changing and moving parts, it's hard for experts to keep up let alone the public, except to sense something is very wrong.

They're being fleeced by a finance Ponzi scheme, sheer flimflam, and here's how from what we know.

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