TITLE

ON MARGIN

PUB. DATE

October 2008

SOURCE

Finweek;10/16/2008, p82

SOURCE TYPE

Periodical

DOC. TYPE

Article

ABSTRACT

The article views of the author and of American investment analyst and entrepreneur Marc Faber on the bail-out of mortgage banks in the U.S. The author examines the possible scenario if the U.S.$700 billion bail-out would have been given $1 billion during the time of Christ and if the country experiences a $1 trillion market loss. Faber suggested that the bail-out money would be better spent on prostitutes and beer since these are products produced in the U.S.

ACCESSION #

35063110

Tags: BAILOUTS (Finance);  INTERNATIONAL economic assistance;  MORTGAGE banks -- Finance;  FABER, Marc

 

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