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littleinvestor

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littleinvestor

Re: mickeybritt post# 250704

Tuesday, 02/24/2009 6:29:50 AM

Tuesday, February 24, 2009 6:29:50 AM

Post# of 432955
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Micky, can you explain the Mark to Market issue to me. What does doing away with M to M accomplish?

Will it have the same effect as a good-bank/bad-bank split to try to leave behind a healthy bank?

Could they achieve the same end with the "temporary nationalization" idea of government taking over bank ownership, detoxifying it, and then re-privatizing it again as a healthy bank?

By the way, I loved your idea of putting $25,000 in home-owner's hands to shore up housing, and eventually, the economy. I think it is brilliant! Is there any way you can promote that concept to government?
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