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Politics : American Presidential Politics and foreign affairs -- Ignore unavailable to you. Want to Upgrade?


To: RMF who wrote (30471)12/18/2008 12:50:10 AM
From: Peter Dierks  Read Replies (2) | Respond to of 71588
 
"we were not facing a total collapse of the banking system"

REALLY????

I think we WERE and apparently Paulson and Bernanke thought so too.


I am not totally convinced but my gut instinct is that you are correct. As interconnected as the global banking system is we could have brought the world banking system to its knees.



To: RMF who wrote (30471)12/18/2008 11:53:24 AM
From: TimF  Read Replies (1) | Respond to of 71588
 

"we were not facing a total collapse of the banking system"

REALLY????


Yes really.

"Total" as in "100 percent" (but I'm not quibbling over the last percent if it was 90% and you called it a total collapse I wouldn't object)