Serious Sue

Look What We've Had All Along: The Paulson Plan to Purchase Bank Equities

I agree. The TARP program is flawed. The gov't could use incentives to help restart MBS market. They should also eliminate the captial gains tax on equities to spark buyers in the market.

Credit Default Swaps: The Show Isn't Over

Does anyone know whether any of the $700b gov't bailout are going to institutions with CDS liabilities on their balance sheets? THis is disasterous.

Why aren't our pres candidates talking about it?...why isn't anyone talking about it? It's not that complicated...everyone has sold-short the market and no one is able to hold up the other side (except the taxpayers that are being sold down the road.) Why isn't anyone saying this bailout is wrong because of CDS exposure...who's in charge here?