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Posted inEconomy and InequalityPolitics and Movements: US

Obamanomics: Is this real change?

On Monday, Treasury Secretary Henry Paulson and President George Bush announced they would be committing $20 billion in capital and guaranteeing a record $306 billion in risky assets now belonging to CitiGroup, at one time the world’s largest and most profitable financial institution. Meanwhile, Obama announced the twin towers of his economic team, Tim Geithner, […]