You make good points Reg but I don't think it is 80% / 20%. I think there is a lot of issues particularly with Barney Frank that don't seem to make the light of day in the press. I am all with punishing those evil investor bastards but the fact of the matter is they have no choice but to do it. Now they can put some stipulations in there about the buyout like:
1. This is a loan, a loan backed by the securities we are buying.
2. We determine what the rate of buyback is.
3. I honestly think they need to clean house of these Executives making pig salaries and parachute clauses. Immediately cut salaries to reasonable numbers.
4. Create an external agency simlar to RTC to manage these securities.
5. Remove Henry Paulson, fucker should not even be in the equation. Major conflict of interest.
but it has to happen. It will be passed on Thursday. Time to put your money in the market is now.
