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Text of bailout bill
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To
30/09/2008 06:49:32
General information
Forum:
Finances
Category:
Assets
Miscellaneous
Thread ID:
01351732
Message ID:
01351749
Views:
22
>http://assets.sunlightfoundation.com/pdf/eesa2008.pdf
>
>The goal of the bill should be to prevent system meltdown while people and institutions that made foolish bets loose their money and those that cooked the documents go to jail.
>
>There doesn't seem to be a mechanism in the bill to determine a reasonably discounted price for the items sold to the Govt, so it seems true that the bill needs more work before approval.

There's the rub. One of the reasons for the crisis is nobody knows what some of this stuff is worth.
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