pharma

Monolines: The Spitzer Debate

The present financial crisis is lasing for too long. It is time for the Congress and Government to step in restoring trust in our financial system by:
- Bailing out the critical financial institutions and commercial banks [Lockheed's bailout worked just fine]. Looks like UK is just started this process.
- Financial markets must be much more transparent. Most of derivatives must be eliminated.
- Not critical financial institutions must be allowed to fail
- Leaders of financial institutions responsible for the present financial mess must be removed

The present Congress and Government response to the present situation reminds me a drug addict asking his doctor for help and, in return, getting a lone to buy more drugs.