[lbo-talk] Yves Smith's very grim view of the bailout's chance of success

Michael Pollak mpollak at panix.com
Wed Sep 24 00:00:48 PDT 2008


These criticisms seem to apply both the Paulson and Dodd versions (although the Dodd plan, by helping homeowners, will be at least doing something large scale to combat the coming recession):

http://www.nakedcapitalism.com/2008/09/bernanke-tells-congress-economy-will.html

It's longish by post standards, but some of the most original ideas are at the end.

Michael



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