PPIP Is RIP: What a Dead Cat Can't See, A Dead Cat Don't Know [View article]
Please dont forget this is a bailout of the super wealthy and the government employees who allowed them to play, then gauranteed the losses. Perhaps we need a French Revolution, complete with Guillotine.
Great article Eric. I'm in favor of you replacing Geithner. Just tell us your plan to clean up the mess, including getting the Feds out of our neighborhood banks. I see nothing wrong with Bank #1 being closed by the FEDs, with assets to the first viable bank at say a ranking of #19, and common shares sold to the public equalling the asset price transfered to Bank (#19 ) at that days current price in the market. Good Luck, and hope to hear your ideas.
PPIP Is RIP: What a Dead Cat Can't See, A Dead Cat Don't Know [View article]
Geithner's Stress Test, Revealed [View article]