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Editorial: Private student lenders: No bailout external link

Sacramento Bee | Wed, Nov 26

Sacramento Bee is the #7 News Source for Henry Paulson

When Treasury Secretary Henry Paulson announced that he wanted to extend $60 billion of the $700 billion rescue package to non-bank credit card and auto loan firms, this page called it "an irredeemably bad idea." We urged Congress to stop this idea before it went any further.

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