Krugman on Bailout: No Deal

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At krugman.blogs.nytimes.com

I hate to say this, but looking at the plan as leaked, I have to say no deal. Not unless Treasury explains, very clearly, why this is supposed to work, other than through having taxpayers pay premium prices for lousy assets. As I posted earlier today, it seems all too likely that a “fair price” [...]

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At krugman.blogs.nytimes.com


 

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Thanks for putting this up, Rob. Krugman is one of... by Ivan Hentschel on Sunday, Sep 21, 2008 at 9:09:26 AM