Original CNN Money/Fortune Article about Backdoor Bailouts

Excerpt:

“What’s more, dozens of zombie home builders and other serial money-losers will stake similar claims (of profit) in coming months, in a cash scramble that could cost the government more than $50 billion.”

You really can’t make up these examples of crony capitalism.

Link to the full article: http://money.cnn.com/2010/01/07/news/companies/lennar.taxes.fortune/index.htm.

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