jim t.

It's a Bull Market in Government Intervention

There is reason for skepticism, of course, but there is also reason that this intervention might actually do more than just give Wall Street a temporary boost. If the govt. can take the toxic funds off the banks' hands, they will be free to lend again without fear of nothing being capitalized. If those loans are made prudently, they will generate income and keep the economy going. The govt. meanwhile should be able to sell off the assets behind the bad loans over time without too much money being lost. It's win-win, if all goes well.