March 2, 2009

OH, GOODY: U.S. rescue efforts may risk double-dip recession.

Plus, what’s the exit strategy? “‘Major industries have become dependent on federal assistance, and they will be followed by cities and states bearing mind-boggling requests,’ investor Warren Buffett wrote in his annual letter to shareholders. ‘Weaning these entities from the public teat will be a political challenge. They won’t leave willingly.'”

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