Freitag, 17. Oktober 2008

Why?

Meltdown? What’s wrong with a meltdown? Why shouldn’t bankers fear to lend? Why shouldn’t prices go to what willing buyers and sellers will accept? Why should Wall Street be bailed out? Why shouldn’t investors take the losses they deserve? Why shouldn’t house prices fall rapidly? Why shouldn’t the mistakes of the past five years be corrected quickly, in other words?

Quelle: Hank Paulson’s Desperate Measures to Save His Friends on Wall Street

Und dem Wunsch hier möchte ich mich explizit anschliessen:

Besides, we’ve never had a real financial meltdown in America. We’d like to see what one looks like.

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