Sat Oct 11th 2008
11:32 AM | === Response ===
Conversation: Kudlow has fully drunk the "It's an emergency, we have to kill capitalism to save it" koolaid from Paulson... that the Federal Reserve and Treasury should pick the winners and losers rather than the marketplace. It was the Bear Sterns bailout that caused the rush for handouts, and the ban on short selling only accellerated the process. | artstone
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Sat Oct 11th 2008
11:33 AM | === Response ===
Conversation: While I"m on my soapbox, if we have banks that are "too big to fail", the obvious answer is you better break them up into smaller banks before they fail - rather than consolidating them into fewer and fewer bigger banks. | artstone
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