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Old 09-20-2008, 04:40 PM   #440
JPhillips
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Join Date: Nov 2002
Location: Newburgh, NY
Quote:
Originally Posted by Flasch186 View Post
Welp, Ill give him a blank check as opposed to the alternative at this point. Last week was fucking scary for me so I can imagine what it mustve been like for the people in the offices in washington and New york. (luckily this time, when the VIX spiked, I bought in to the mkt - probably sell in 2 wks though)

But that's not the only option. I'll agree that the government needs to intervene in a major way, but to demand nothing from those companies benefiting from this handout is absurd. No equity in these companies. No additional regulations. No demands for new leadership. Nothing.

It may be better than doing nothing, but rewarding the biggest fuck-ups with the biggest handouts while requiring nothing is ridiculous.
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