#1
|
|||
|
|||
To strandy
http://biz.yahoo.com/ap/080918/wall_street.html
We were talking yesterday that if the government does anything, it should be that they separate the mortgages from the investments, and it appears that they did exactly that, only they did it without letting the banks fail. However, I suggested that the government do exactly the reverse, in that they let the banks fail and take on the investment. It's just quite interesting to see that not 24 hours later, the government ended up separating bad debt from investment in one fashion or another. Maybe Paulson is a ledgie! |
. |
#2
|
||||
|
||||
I saw that.
The R's had the plan from the last time the economy failed under them - so they just essentially are going to implement another RTC, which, as argued, is wildly cheaper to the taxpayers than letting the banks fail and the economy completely tank. What this also means is that many more banks will likely go into the RTC, suggesting we are at the tip of the proverbial iceberg. |
#3
|
|||
|
|||
Quote:
Last edited by ajmccarrell; 09-19-2008 at 11:07 PM.. |
|
|
Lindsey Buckingham/Christine McVie Self-TitledVinyl LP (2017 Warner) NM
$15.00
Christine McVie - Self Titled - Factory SEALED 1984 US 1st Press HYPE Sticker
$26.99
Christine McVie - In The Meantime [New Vinyl LP]
$31.24
Lot Of 3 Christine McVie Records The Legendary Perfect Album
$30.00
$11.28