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Taxpayers are still subsidizing billionaire bankers

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Goldman Sachs, Bank of America, Citigroup, and other giant U.S. banks have been profiting at your expense through an implicit taxpayer guarantee of their debt above and beyond the bailout funds they have already received, a recent report from credit agency Moody's shows. Last week, the ratings agency announced a review of whether these bailout assumptions still apply after passage of the...

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