I'm reading the new bill right now, and by page 11, I've understood it to say the following:
  • If a bank gives a loan to someone for a house that they cannot afford, they need not worry
  • The government will buy the "asset" from them for whatever was paid
  • If the bank sells out or files bankruptcy, the government might pay MORE than what the bank paid

I think I'll open a new bank, give lots of homeless people loans to buy mobile homes for a million bucks. I'll draw a $120million salary until I file bankruptcy and stick the government with the bill.