Well good point, but can you show me exactly where a govt takeover incurs more costs than a bailout? JPM would not have accepted the deal without a subsidy. In addition, the shareholders had to be compesated. Neither of these costs would have been incurred in the case of takeover. If there would have been other costs in addition to assuming the risk of assets, please tell me about them.
Thanks, Jon > I don't know how you do "simple arithmetic" without > any actual numbers. > > Doug > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l > ____________________________________________________________________________________ Looking for last minute shopping deals? Find them fast with Yahoo! Search. http://tools.search.yahoo.com/newsearch/category.php?category=shopping _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
