Any finance smartees out there?

Sep 23, 2008 09:30

Ok I am trying to understand this better.  This bailout thing gets bigger and bigger.  One guy is saying he wants to spend a Trillion bucks on a bailout.  So what does that buy and who then owns it?  Or is it a loan to the unstable company hoping to finance a double or nothing gambit?

Is this like Venezuela Nationalizing all the banks?

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primalsilicon September 23 2008, 16:16:34 UTC
I'm not too much of a smartie, but I have heard a couple of good blurbs on NPR ( ... )

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