The bail-out occurred in the states by social engineering: loans were given out to those who couldn't afford it so that politicians could win votes.
Then the credit reference agencies gave AAA ratings to bad financial products.
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19:38 13 November 2009
NASA's LCROSS mission has confirmed an icy store of water at the moon's south pole
10:00 14 November 2009
Ray Mears is Mr Bushcraft. He wants people to be confident about surviving in the wild, but reckons most of us won't make it through a global climate crisis
15:24 13 November 2009
Residents of Second Life have spent one billion hours in this digital world. Now its founder has plans to push the concept much further in a new virtual venture
13:57 13 November 2009
Two peculiar white dwarfs with more oxygen than carbon are like nothing anybody has seen before
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