View Full Version : Roubini: Nationalization Debate Is Moot
bobbyw24
03-03-2009, 05:51 AM
http://www.cnbc.com/id/15840232?video=1050304746&play=1
hugolp
03-03-2009, 06:08 AM
At least he is honest: People should pay for banks mistakes.
Hugo
gilliganscorner
03-03-2009, 06:54 AM
It's over 100 years too late to start talking about nationalization of the banks; the Fed did that years ago, and prior to the Fed, government regulation coerced banks into fractional reserve practices away from sounder principles. He's right. It is moot.
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