Thursday, February 12, 2009

The Uncertainty About Geithner and the Banks

Andrew Sullivan is in the same position I am:

Is the Geithner approach a sensible pragmatic response that could work over time with minimal disruption? Or is it a loss of nerve with respect to the banks? I don't know. But it seems to me that Plan B - nationalization of a handful of mega-banks - should be in the tool-kit going forward.

No comments:

Post a Comment