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To: Jorge who wrote (66182)9/18/1998 11:37:00 PM
From: freeus  Read Replies (1) | Respond to of 176387
 
OT sort of
re let the markets work themselves out
Good article. No wonder I read IBD
When the gov deregulated the savings and loans Congress raised insurance to $100,000. Typical of the idiocy of govt. What intelligent insurance company would raise insurance when constraints are lifted? Let the taxpayer insure everyone. When the S&L s were deregulated the intelligent thing to do would have been to eliminate all s&l insurance so that people before using a s&l would look carefully at its fundamentals. And not just at a large interest rate backed by nada.
Freeus