The New York Times today offers one possibility as far as the bank bailout is concerned. To wit, it can be gamed in any number of ways that put all the upside on private actors and all the downside on public taxpayers. Moreover, the can’t-lose market strategies outlined in the Times simply reshuffle assets without necessarily reducing the bank’s net load of subprime mortgages. Too bad the story is buried on page two of the business section.
Share this story
JT
About the Author
Advertisement
Advertisement





Comments