less humans, more robots

building companies, since 1999. babysitting entrepreneurs, since 2007
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The Obama administration has announced a vast effort to get up to $2 trillion in toxic assets off financial institutions’ books by offering taxpayer-backed loans to hedge funds and other investors that might buy them, trying to improve on earlier strategies that have failed to rekindle trading in securities backed by mortgages and other debt. The goal is to thaw the credit markets — to get banks to lend money the economy needs to grow.

Will it work?