If Public Money MUST Be Given To Banks...

G

gnome

Should it not be in FRESH CAPITAL to re-energize the banks rather than money down a rat hole trying to salvage prior bad bets?

Let those who speculated and lost, LOSE... write off the bad and use public money as a reserve upon which to make new, RESPONSIBLE loans.

$700B at 16:1 fractional reserve = $11.2 Trillion in new loans.
 
let all the institutions fail and create a new bank giving them 700b. no need to recapitalize the dying, let those that will die die and create a strong rock in these turbulent times for people to flood to.
 
Quote from dumb_mother:

let all the institutions fail and create a new bank giving them 700b. no need to recapitalize the dying, let those that will die die and create a strong rock in these turbulent times for people to flood to.
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That'd work too... but logistically would be difficult unless the new bank took over many, many physical locations...
 
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