Bail them out? Or let them reap what they sow? Who wins and loses?
September 22, 2008 8:04 AM Subscribe
Who will the current bailout plan benefit and how?
posted by jeanmari to Law & Government (14 answers total) 7 users marked this as a favorite
I've been trying for the last few days to untangle the implications of this crazy expensive plan.
As the rest of you have seen, it's daunting.
Any resources out there which can break it down for me? The pro's and con's of this bailout versus the pro's and con's for just telling Wall Street, "Sorry, you screwed up. You're on your own."
Trying to find a set of pro's and con's for each category of the players, like:
- Executives of the companies involved
- Investment bankers
- Investors in the companies involved
- Regular Main Street banks that hold deposits