It indicates, imho, that current crisis would be resolved successfully largely despite of the government, not because of it. Please note, that I don't say that crisis will be resolved successfully. I say that the opportunity still exists and government invervention does not improve its chances.We're going to have to agree to disagree. I'm assuming you must understand the consequences had AIG gone under or had the banking sector collapsed as it would have without Uncle Sam?
http://www.zimbio.com/2008+Financial+Crisis/articles/538/collapse+AIG+impact+Mortgage+Banking+System
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1
