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  • TARP Is Just the Beginning - Barron's  [View article]
    I lost all faith in Barron's a few months ago when they recommended GM as a "Buy".

    As for "further action"....well, I guess you can lower interest rates but I agree with ScobbyDude that it doesn't mean banks will loan money (or if they do, they may price it higher for a riskier market). Beyond that, I guess you can start giving money to people (again) to spend. Frankly, at this point, not sure what else can be done or should be done as we already have several states going to the Fed with begging bowl in hand.

    I'm waiting to see what happens this week with the CDO auctions.
    Oct 05 08:31 am |Rating: 0 0
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