Wednesday, February 11, 2009
It's all in the price
No matter how you set it up, Geithner's Bad Asset Relief Fund* is going to be ugly and some group will lose badly in the deal. And until the government decides who wins and who loses, even the Wall St. dung beetles are holding back.
*h/t to Krugman and Galbraith.
*h/t to Krugman and Galbraith.
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