Nationalize banks

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nationalize banks

It will come as no surprise to readers of this blog that I favor nationalization of failed, systemically important banks. But James Surowiecki and Floyd Norris have a point.
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Scott Jagow: This hasn't been a good week for financial stocks. Investors are dumping bank shares left and right because they can't see a prosperous future in the banks. There's
WASHINGTON - A provision buried deep inside the $787 billion economic stimulus bill would impose restrictions on executive bonuses at financial institutions that are much tougher
When a bank fails, the FDIC has three options: closure and liquidation, merger with a healthy bank, or nationalization. Most failures are resolved using the merger option, but for
05-03) 12:51 PDT CARACAS, Venezuela (AP) -- Venezuelan President Hugo Chavez on Thursday threatened to nationalize the country's banks and largest steel producer, accusing them
Nationalize the banks, appoint new management, give them 6 months to spin out 10% of each of the separate viable pieces, with the taxpayer retaining the rest as passive investors.
James " Jamie" Dimon, chairman and president of JPMorgan Chase & Co., speaks during a session on day two of the World Economic Forum in Davos, Switzerland, on Thursday, Jan. 29
News and opinion about US politics from a liberal perspective
A year ago I predicted that losses by U.S. financial institutions would be at least $1 trillion and possibly as high as $2 trillion. At that time, the consensus was that such

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