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Do you think this new proposal of buying shares in the bank is better than buying up the bank's bad debt?
Yes. Banks will get their money and the taxpayer won't be getting all this bad debt.
No. If the government doesn't buy up the bad debt, the banks won't feel comfortable lending money and with a freeze in credit, our economy won't run.
The government shouldn't be bailing out anyone at all.
Not sure.
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Posted 3 years ago.
See this poll on:
http://crastinate.com/2008/11/12/paulson-switches-to-stock-in…
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