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Obama at Twitter Town Hall: I Underestimated Magnitude Of The Recession
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07-08-2011, 12:26 AM
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HunterM
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That's my read as well, Pinky, just like nobody anticipated we'd actually see a $20 billion profit on our TARP loans to banks. That was modeled as a loss leader to keep the financial industry afloat, but reality moved unpredictably.
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