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How much has SAA received in tax payer funded bail outs in last 10 years?
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28th Mar 2010, 17:23
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evanb
Join Date: Aug 2007
Location: Atlanta, GA
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Loans and equity are one thing, but it is necessary to differentiate between guarantees and actual liquidity provided. A lot of the so-called bailouts have actually been in the form guarantees. This has no liquidity effect on the government budget.
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