Bailout ???

Discussion in 'Wall St. News' started by PaulThomas, Oct 2, 2008.

  1. Let's assume our elected leaders pass the bill and the government buys these assets, as advertised, above market rate and creates a transparent market. Banks will happily sell but no market will be created. No private investor will be stupid enough to buy at a premium and banks won't sell to them at lower price than the government will pay. The government is in effect cock-blocking private investors.

    Is my thinking incorrect?