Glass-Steagall

Doug Henwood dhenwood at panix.com
Mon Nov 8 13:02:08 PST 1999


bill fancher wrote:


>Are you saying that allowing a possible financial collapse would have
>been better

Some days, I think so, but that's irresponsible of me.


> and the Fed should have kept hands off, or that the public
>should have financed the bail-out, or what?

I think the fuckers should be regulated sufficiently that it never becomes an issue, but that if public money is required, the public should get something for it.

Doug



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