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Text of bailout bill
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De
30/09/2008 08:10:28
 
 
À
30/09/2008 06:49:32
Information générale
Forum:
Finances
Catégorie:
Actifs
Divers
Thread ID:
01351732
Message ID:
01351751
Vues:
11
>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 is no such mechanism in the whole universe. Either market determines price and/or failed institutions fail or government makes arbitrary decisions and failed institutions do not fail and failed practices continue to fluorish.
Edward Pikman
Independent Consultant
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