Level Extreme platform
Subscription
Corporate profile
Products & Services
Support
Legal
Français
Text of bailout bill
Message
From
30/09/2008 12:44:54
 
General information
Forum:
Finances
Category:
Assets
Miscellaneous
Thread ID:
01351732
Message ID:
01351845
Views:
16
>>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.

I know, for a fact, that some of it is worth nothing.

Might be a different "some" from what you're thinking, though ... ;-)
Regards. Al

"Violence is the last refuge of the incompetent." -- Isaac Asimov
"Never let your sense of morals prevent you from doing what is right." -- Isaac Asimov

Neither a despot, nor a doormat, be

Every app wants to be a database app when it grows up
Previous
Reply
Map
View

Click here to load this message in the networking platform