OT: Emergency Buy Out

[keith smith]

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





      
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