The Obama Administration worries about the consequences of taking over the big banks, re-structuring them, and then, once they’re “cleaned up,” re-privatizing them. They’re afraid of giving Republican charges of socialism credibility, and they’re afraid of possible consequences for the International Financial system if the big banks have to go through this process. So they’ve […]
The Costs of the Middle Way on Banks
April 24th, 2009 · Comments Off on The Costs of the Middle Way on Banks
Tags: Politics