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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: HPilot who wrote (423842)10/8/2008 7:16:10 PM
From: Brumar89  Read Replies (1) | Respond to of 1571405
 
one thing to buy mortgages of houses that will someday be worth more than the mortgage, the government could even make a profit. Another to pick up failed insurance companies or to take over payments.

I agree - let the insurance companies or whoever holds the CDS's go under if necessary - a risk they assumed voluntarily.