Home › Forums › Housing › Bush administration sees 4000-point drop in DOW this week if no bailout › esmith wrote:Ok, there’s no
[quote=esmith]Ok, there’s no bailout.
Where’s my 4000-point drop??[/quote]
Yeah, where’s my 4000 point drop.
Why can the gov’t not recapitalize the banks through equity purchases rather than a money give-away?
Answer: that would dilute the ownership interests of existing shareholders.
So the banks want a bailout but they want us to pay for it.
