Bailout Really a Main Street Safety Net (Morningstar)
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you need to make sure where the bailout money will end up. i don't trust this cowboy action.
hktraveller 3 years ago
I was listening the a past SEC chairman today, and it was his suggestion that the Government to do what Buffet did.
Buy equity in the companies and let them deal with mess of the toxic assets.
What's the problem with that?
virginlampoil 3 years ago
This mess is the very natural result of years of careless credit. You can't cure a debt problem with more debt - as they say, when you find yourself in a hole - stop digging.
TYX91101 3 years ago