In the letter, Treasury agrees that the Fed can bill Treasury for any losses from the Bear Stearns deal. Null and void: "Translation: the tax payers will get stuck with the bill."
Please, show us the sentence where Treasury agrees that the Fed can bill Treasury for any losses. I'll save you some time, it's not in there. LOL!
154 posted on 04/04/2008 4:03:13 PM PDT by Toddsterpatriot
(Why are doom and gloomers (and liberals) so bad at math?)