From NBC:
"Sarah Palin said Wednesday that she is 'disappointed that taxpayers are called upon to bail out another one' in response to the AIG loan by the Federal Reserve...she said the decision by the Federal Reserve was 'understandable but very, very disappointing that taxpayers are called upon for another one.' ”
TW: And she would have done what? Lets make sure we elect responsible adults to run our country
Economist:
"They may have had no choice. Markets did not completely fall apart after Lehman’s bankruptcy...but they were highly agitated...The AIG bailout shows how hard it is for America’s financial authorities to steer a straight course through a crisis that is piling one systemic threat onto another...In allowing Lehman to go bust when competitors balked at taking it on, Hank Paulson, the treasury secretary, attempted to draw a line in the sand. But AIG was considered simply too big to fail."
WSJ
TW: Suggested steps from Volcker, Brady and Ludwig
http://online.wsj.com/article/SB122161086005145779.html
No comments:
Post a Comment