Tuesday, September 23, 2008

There seems to be general agreement that the $700 billion bailout of the financial industry is necessary, but the question of oversight raises ideological issues. Do the business leaders responsible for the mess now pay or just glide away on golden parachutes? Does the taxpayer now get a stake in the business or just a load of bad debt? Are we nationalizing the financial industry or just throwing money at it's corporate leaders? Here's a balanced review.

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