Does the liquidity crisis end now? Will the credit markets thaw?
Kilroy003
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Mon Sep-29-08 03:05 PM
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| Does the liquidity crisis end now? Will the credit markets thaw? |
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If there is no bailout bill on the horizon, why not open up the coffers and get back to business? So we lose a few investment banks and rich folks and risky investors take a hit. Why should taxpayers have to suffer too?
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| phantom power
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Mon Sep-29-08 03:09 PM
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| 1. It's not a liquidity crisis. It's a solvency crisis. |
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Trillions of dollars of "value" were put on the books that never really existed. What's happening now is that everybody is being forced to realize/admit that it never existed. These banks are failing because they did not have the assets they claimed to have.
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| 2speak
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Mon Sep-29-08 11:20 PM
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we should give these people more money?
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