Bailout Blues

Post/Author/DateTimePost
#1

goblin_pride

Nov 14, 2008 4:42:45
Well, now this is interesting.

It seems the capital investment in the banking industry has caused a bum's rush at the treasury department. Banks bailed out have failed to use the funds for the stated purpose and now there's a line for companies and lobbies of all stripes looking for their cut of the bailout monies.

I'm of two minds on the subject. Part of me says to shut off the flow of capital into the markets and let them all suffer for it, but the other part remembers how far and wide corporations like the auto makers reach. What's your opinion?