4.11.2009

COP report that will be ignored by treasury...

Or, why conspiracy theorists are nuts.  This is a part of the government trying to be rational and responsible, and getting ignored in the process:

“Allowing institutions to fail in a structured manner supervised by appropriate regulators offers a clearer exit strategy than allowing those institutions to drift into government control piecemeal,” the report said."
This is from a congressional oversight panel for the TARP bailout.  

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