Markham Lee_

Bailouts: Misunderstanding the Moral Hazard

In my opinion if things are 1/10 as bad as Paulson would lead us to believe, then the banks are desperate and will happily participate punitive damages or no.

Besides in my view the situation should be handled like FDIC receivership: "Sorry but we're MAKING YOU do this, you will suffer greatly, get over it"

But maybe I'm just being an overly Calvinist bear again, it's happened before

-M

Q3 Earnings Season: Taking the Long View

That sounds interesting, as it would definitely give readers the ability to view changes to those numbers over time. Instead of the usual, only knowing the current and forgetting the past.

-M