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Risk for Thee but Not for Me

by David Harsanyi

Has your corporation acted recklessly? Has this corporation habitually made appallingly stupid decisions? No worries. Government is here for you.

The feds will rescue anyone, it seems, except those suckers who dutifully mail their mortgage checks in on time every month.

These reliable citizens, in fact, soon will be propping up the for-profit businesses of Fannie Mae and Freddie Mac (not to mention Bear Stearns) in the de facto nationalization of a huge chunk of the mortgage ind ...

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