Wednesday, February 11, 2009

i can haz bailout???

Created by philip from


Sweet Praline said...

Do you think it will work?

Mittens said...

Not really, gov't wanted to use TARP money to buy bad assets from banks. But it's just too hard to price these assets, what is fair value? If prices are set low, banks don't want to sell, it's also not fair for taxpayers to pay more than they should.