bailout plan

What To Do with the Toxic Bank Assets – Give Them for Free to Citizens

banker-cat Let’s say that the trillion or so of toxic assets would face two choices – go bankrupt or be offered for free to willing persons. What should the U.S. government do?
Some other blogs said that they should be given to the bank executives, instead of their salaries. Nice try. But they knwo how to do with them, and they would squeeze more money out of the government big pockets, in the form of another smart bailout plan.
No, we at doitinvest.com don’t like the idea. But what if we would start another system of getting rid of those assets?Read More »What To Do with the Toxic Bank Assets – Give Them for Free to Citizens