Let financial institutions fail, merge or be bought out. The faltering
institutions will see their shares devalued and will be likely to be
taken over by stronger institutions — as has already started happening.
This consolidation of the financial sector is both efficient and
inevitable; government action can only delay the adjustment.
http://www.time.com/time/business/article/0,8599,1845209,00.html?cnn=yes
Sounds like the bailout is only going to make things worse.
------------------------
Keith Smith
---------------------------------------------------
PLUG-discuss mailing list -
PLUG-discuss@lists.plug.phoenix.az.us
To subscribe, unsubscribe, or to change your mail settings:
http://lists.PLUG.phoenix.az.us/mailman/listinfo/plug-discuss 
(text/plain)
