OldDog

Paulson/Bernanke: $700 Billion at 'Hold to Maturity' Pricing

Why should the taxpayer take the hit? Can't the government take the bad assets off the books of the financial institutions and hold them in escrow. The government would manage them, but the financial institutions would be required to pay into a fund a percentage of their earnings (say 50% the first for the first 3 years then 10%) which would be used to offset any losses to the taxpayer.