Sunday, September 21, 2008
Floyd Norris: (emp add)
2. It is unsettling to see Wall Street firms that only a week ago feared for their survival hoping to get rich off this program. It needs to be carefully monitored to keep it from becoming a scandal of its own.
5. This crisis is not so important that a bill really needs to be passed without time for the public to read it and study it. If Congress has to delay leaving to campaign for a few days, so be it.
11. Investors clearly think the shareholders of brokerage firms and banks are being bailed out — not just that failure is being avoided. That should not be allowed to happen.