[lbo-talk] Geithner clarifies

Doug Henwood dhenwood at panix.com
Tue Mar 24 09:04:40 PDT 2009


On Mar 24, 2009, at 10:06 AM, Jordan Hayes wrote:


> The "Swedish Solution" is not being considered in this case by
> anyone other than bloggers, *because it will not work*.

What do you mean, "will not work"? To me, the Swedish solution means the gov ejecting idiot bank management and taking control. No bullshit, as the finance ministry guy told the FT. Right now, we're embarking on federally subsidized bullshit, in size.

Doug



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