Time Bomb? Banks Pressured to Buy Government Debt. Just a liberals did with Fannie and Freddie, now banks are being pressured to buy government debt.<quoted text>
Lol I probably make more in a day than you do in a month loser.
Funny you should mention the term "fired".
It seems that the only things Romney and Trump have in common is their money and their love of firing people.
US and European regulators are essentially forcing banks to buy up their own government's debt—a move that could end up making the debt crisis even worse, a Citigroup analysis says.
Regulators are allowing banks to escape counting their country's debt against capital requirements and loosening other rules to create a steady market for government bonds, the study says.