[Oldeconomybuyer]

... “Wall Street and large financial institutions — not taxpayers — to foot the bill” ...

So these firms/institutions voluntarily decided to buy garbage? Who negotiated the terms? Exactly who were the final decision makers? What’s guaranteed? Can anyone actually perform due diligence in 5 f’n days?

I got more Q’s than A’s.

[Toddsterpatriot]

So these firms/institutions voluntarily decided to buy garbage?

They bought long-term US Treasuries.