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WinLoseOrDraw

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WinLoseOrDraw

Re: None

Thursday, 10/09/2008 1:21:11 AM

Thursday, October 09, 2008 1:21:11 AM

Post# of 147246
OT: Regime change

(NY Times) Having tried without success to unlock frozen credit markets, the Treasury Department is considering taking ownership stakes in many United States banks to try to restore confidence in the financial system...

In less market-oriented countries, that's generally referred to as nationalization. But that's such an unpalatable word, so I'm sure the Freedom Fries gang will give it a much more appropriate moniker.


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