Thursday, March 05, 2009 1:31:38 PM
The article makes it sound like now they want to be able to seize entire holding companies along with the banks.
Regardless, they're either pussyfooting around the idea of seizing Citi and making excuses not to, or they've just revealed something huge.
What a mess...
The government should just buy out Lehman and WMI and create their big bad bank nonsense. They're going to do anyway. Might as well clean up this mess as opposed to nationalizing the other banks... though they've more or less done that already.
What a damn mess this country has been plunged into.
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