Gaming the Government Bailout

This is a fascinating, must read article. Do you think the banks are going to do what is best for the country or what is best for themselves? Yeah, me too. This article discusses how they can do so.

This entry was posted in bailout, banks, enron, tarp. Bookmark the permalink.

2 Responses to Gaming the Government Bailout

  1. EJ says:

    Excellent article! I’m this close (fingers are really close together) to pulling all my money out of the market. All these temp. fixes just make the problem bigger and I have a feeling my generation is going to have to deal with it.

  2. Murf says:

    Yepper. We’re dumping it all on you! I’m not sure what to think of the stupid market. I suggest following John Hussman’s weekly commentary at his Hussman Mutual Funds page. I’m on the conservative side. I wouldn’t be surprised to see a big up move in the market (20%?), but trying to fix a problem with more of the same is a prescription for a Japan like lost decade (which is what I predicted all along).

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