Or at least get equity.
Word. Buying up the assets at firehouse prices much defeats the point of the bailout. We need to put some cash into the system, but the tax payer needs to get something in return. That's equity and regulation.
Paulson's "plan" is corporate welfare to an industry that just engaged in some ludicrously gross malfeasance. Hopefully, something closer to Dodd's will pass...
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