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Strategies & Market Trends : Value Investing
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To: Madharry who wrote (28659)10/22/2007 12:31:12 PM
From: Dale Baker  Read Replies (1) of 78749
 
The banks could well decide that investing $100 billion in their collective (and shaky) financial house is preferable to having the whole thing fall apart then picking up the pieces later. I have no doubt that Washington would pat them on the back and offer to help any way they can, since the political fallout from a crash is equally bad for incumbents.

It certainly amounts to a market distortion, but perhaps one in most players' favor if it works. I am pretty much agnostic as long as they find a way to ease out of this mess without burning anything down too badly.
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