j munny's Comments j munny's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/269646/comments The Hedge Fund of America, LP http://seekingalpha.com/article/97355-the-hedge-fund-of-america-lp?source=feed#comment-264734 264734
Is it "conceptually simple" to just assume that when the Government buys a loan it will automatically be made whole and people will stop defaulting?

"Simultaneously this plan provides much needed liquidity to reignite frozen markets"

Knowing that Uncle Sam is ready with his checkbook to save the banks when they make a bad investment - is that the kind of credit market we want back?

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Thu, 25 Sep 2008 10:25:14 -0400
Is it "conceptually simple" to just assume that when the Government buys a loan it will automatically be made whole and people will stop defaulting?

"Simultaneously this plan provides much needed liquidity to reignite frozen markets"

Knowing that Uncle Sam is ready with his checkbook to save the banks when they make a bad investment - is that the kind of credit market we want back?

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