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

To: i-node who wrote (458689)2/22/2009 9:45:28 PM
From: TopCat3 Recommendations  Respond to of 1572782
 
"This is what happens when a blogger leaps outside his area of knowledge....."

Or, posters like CJ.



To: i-node who wrote (458689)2/22/2009 10:31:25 PM
From: rich evans1 Recommendation  Read Replies (2) | Respond to of 1572782
 
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



To: i-node who wrote (458689)2/23/2009 11:10:15 AM
From: Tenchusatsu  Read Replies (1) | Respond to of 1572782
 
Inode, that's what I was suspecting as well, that receivership sounds more like a bankruptcy than what the federal government is about to do.

Tenchusatsu


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