Bailouts: Misunderstanding the Moral Hazard [View article]
Ok you say punish the fat cats. Paulson says ,"Don't add punitive consequences or they won't participate ." What are we to believe? The visual image I have of the oil execs sitting in a row at the Congressional hearings on insane profits and justifying their compensation just makes me sick. I guess it is contagious when you rise that high in corporate America.I am for making someone suffer other than the poor stiff who is loosing his home and job.
Bailouts: Misunderstanding the Moral Hazard [View article]