Thursday, February 12, 2009

Roubini: Nationalizing Banks Is the Best Way to Go: Tech Ticker, Yahoo! Finance

Roubini : Nationalizing Banks Is the Best Way to Go: Tech Ticker, Yahoo! Finance: "...paradoxically nationalization may be a more market friendly solution of a banking crisis: it creates the biggest hit for common and preferred shareholders of clearly insolvent institutions and...it provides a fair upside to the tax-payer. It can also resolve the problem of avoiding having the government manage

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