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tel1960

Listed below are comments made by tel1960 between Friday, 21st November 2008 and Friday, 21st November 2008.

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Paradox of bank bailout 10:42am on 21 Nov 2008 Very detailed, technical response. I see where you're coming from.

So what are banks for then- if not to lend money?

You suggest all other options for banks to do business are not worthwhile - or have pitfalls, and they cannot make masses of money on the markets- and yet they are scheduled to repay this money are they not? So, in your opinion, what should they do, stuff their billions from the taxpayer under the mattress and wait for economoic spring to come?

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