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~ Bailout ~ Bubbles ~ Burst ~

Image by eyewash
BLOGGED: 08 Oct. 2008: www.counterspinyc.blogspot.com/

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Past Economic BAILOUT BUBBLES
By: Industry/Corporation
By: Year
What Happened?
Cost in 2008 U.S. Dollars.

● Penn Central Railroad
1970 .2 billion
In May 1970, Penn Central Railroad, then on the verge of bankruptcy, appealed to the Federal Reserve

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