Paulson's new plan: The trouble with owning bank shares »

Posted By seattlegirluw 1 year, 2 months ago in Business & Finance

Henry Paulson watched the Brits come up with a new plan to save the banking system before he did. He is probably embarrassed by that. He and Bernanke seemed to have a big lead over everyone else in building Lego models for saving the financial world.

The latest idea if for the Treasury to actually buy equity in banks thereby mainlining capital into large financial institutions in the hope that they will then lend that money out.

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