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Capital injection in return for stock fairer for taxpayers

The capital injection in return for stock plan offers a fairer deal for the taxpayer.

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Captial Injection in return for stock
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Capital injection in return for stock fairer for taxpayers
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As funders, taxpayers should benefit from any ultimate upside
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Taxpayer would own preferred stock
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Avoids moral hazard
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Simpler than buying the toxic assets
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Corporate objection to state involvement
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Political objection to state ownership of banks
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