Government has to rebuild stockholders' value or wealth. Bankruptcy will destroy our economy when rich people has stocks valueless.
The way to protect stockholders is to merge companies, same as 1929 GM formation by merging 29 bankrupt automobile companies. Which made GM, the largest company in an automobile economy. Poor countries like China can not sell much cars, because their citizens own no stock, and has no equity to speak about.
The timing is not critical. After Wall street rebuild wealth, all the mutual funds will no longer be ponzi(s). And economy will rebound with plenty of credit to buy large ticketed items. Even if it takes 4 years to rebuild.
Banks had been merged since the late 1980s. 15,000 banks had shotgun marriages down to 8,000. Now they are going to reduce to 5,000 thru shotgun marriages by FDIC oversight.
You take care of stocks, and the economical growth will be there. You wipe out stockholders, and we will soon be back to 1929 economy, no one has any money. We have to look at communism as a way out.
Never scalp stockholders, because you yourself can not survive in bad economy either, when nobody has any cash except the government. |
