[lbo-talk] Geithner clarifies

Doug Henwood dhenwood at panix.com
Tue Mar 24 13:51:28 PDT 2009


On Mar 24, 2009, at 4:42 PM, SA wrote:


> Steps 1-3 remove the bad assets - and they can be accomplished very
> fast. (Yes, you have to decide which creditors, if any, take a
> haircut, but so what?) Why is that a giant leap into the unknown?

Because we're, you know, Americans.



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