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Hedges, Private Equity Funds to Invest in Bailout

TALF program could see very rich outfits get even richer

By Jason Farago,  Newser Staff

Posted Mar 6, 2009 7:11 AM CST

(Newser) – With its highly touted TALF program to spur consumer lending, the government is undertaking a $1 trillion effort that hinges on the participation of some unpopular outfits: hedge funds and private equity firms. As the Washington Post reports, the Fed and Treasury's "public-private partnership"...   Read full story »

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