Would You Buy 'Bailout Bonds'?

April 9, 2009— -- Your tax dollars are already financing the government's bailout of the U.S. financial system, but would you invest your spare cash in the government's bailout too?

You may soon get the chance to do just that. The New York Times reports that the Obama administration, through its program to clear troubled assets off bank balance sheets, is encouraging firms to allow small investors to invest in funds that buy such assets.

It's an effort that has drawn comparisons to the liberty or war bonds that the government has sold to Americans to finance military spending.

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