the british solution.... clean and elegant

here's a bunch of taxpayer's money. i'm going to lend it to you. if you take it you have restrictions on executive compensation and dividend payouts. so please take it only if you really need it. oh, by the way, it also counts as tier 1 capital. pay it back when times are better.

direct recapitalization. no need to design some half-assed auction scheme for mortgage backed seurities.

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