Fred wrote: > ... even if you don't think the nationalization of banks with > haircuts is a step on the road to socialism, don't you think it is the most > fair and equitable policy to address the insolvency of banks?
I agree: it's better to make the stock-holders pay (as with the end-of-1980s S&L "bail-out") rather than really bailing them out. -- Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own way and let people talk.) -- Karl, paraphrasing Dante. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
