How a Loophole Benefits GE in Bank Rescue
How a Loophole Benefits GE in Bank Rescue
From commondreams.org
July 1st, 2009
commondreams.org — "The company did not initially qualify for the program, under which the government sought to unfreeze credit markets by guaranteeing debt sold by banking firms. But regulators soon loosened the eligibility requirements, in part because of behind-the-scenes appeals from GE."

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