by Glen Craig
The $700 billion economic bailout package has been the talk of the town lately. A lot of that talk is how necessary it is but even more talk of how bad it will be. Why should the government bail out investment firms and such because they made some bad decisions? I didn’t take a bad [...]
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by Glen Craig
What a month in economic news huh? AIG was bailed out. Merrill Lynch was bought. Lehman Brothers filed for bankruptcy and then were bought. Washington Mutual was bought. There’s all sorts of talk about a government bailout plan. On the one hand it’s a bit exciting. On the other, it’s not the kind of exciting [...]
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