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Politics : Formerly About Advanced Micro Devices
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To: i-node who wrote (458689)2/22/2009 10:31:25 PM
From: rich evans1 Recommendation  Read Replies (2) of 1572630
 
No need to take control. Fund the banks by guaranteeing their debt and all deposits. Then there be no run on the bank. Let the present people run it. Their net interest margin should imporve with government guaranteed debt. No need for capital if government guaranteed all debt as insolvency would mean nothing. Then 5-10 years from now, the banks will have earned their way out of this mess. This is what we are doing for Fannie and Freddie and we can do the same for all the big banks.
Rich
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