Comments on: How not to avoid the next panic

By: The Bell

The Bell — Tue, 25 Aug 2009 15:40:46 +0000

With the government so eager to invest without needing to know where the money went and, absent any measure of accountability, to insure the otherwise uninsurable risk of too-big-to-fail bubble factories; to give malignant zombies a clean bill of health, a loving pat on the butt and their own personal masseur named Bernanke, then *surely* private investors cannot be far behind.The Market will heal itself in no time… in no time like the present, that is.

By: Peter H

Peter H — Tue, 25 Aug 2009 15:16:09 +0000

I’d like to add one more suggestion to Ken Rogoff’s response, and that is that in addition to Regulation(s) an obligation on government and its agencies to ENFORCE the Regulation(s) with the sanctions to apply to both the corporations AND individuals identified as being responsible.Of course it’ll never happen, they’ll probably go for the crazy insurance scheme.

By: Cordell

Cordell — Tue, 25 Aug 2009 14:30:28 +0000

Some of the idiocy coming out of respected academic institutions like MIT and Harvard scares me more than N. Korea and Iran combined.

By: Ray Lindsley

Ray Lindsley — Tue, 25 Aug 2009 13:48:37 +0000

You couldn’t be more right- their plan would provide banks with away to obtain high risk returns for what is essentially (for them) a risk-free investment. What more incentive do they need for piling on the risk?