The Latest Treasury Bailout and the Law of Unintended Consequences
Filed Under: Banks, Barack Obama, Chris Dodd, Featured, Federal Reserve, Mortgages, US Treasury
I have to admit, my thoughts regarding the latest financial debacles waver from one extreme to the other. My initial instinct is that the markets need to be stabilized, and anything that provides a floor for a stock market in apparent free fall is a good thing.
My next thought is that $700 billion is a [...]





