HappySqurriel on 07 September 2008
| akuma587 said: Seizing them was a much better idea then letting them fail. That is the kind of thing that can trigger a major depression. |
Better, but not that good ...
The best solution (in my opinion) would be for the Government to seize the banks, repackage the mortgages based on their risk, auction off these packages, and then to close the institutions.
