David Ranson, of H.C. Wainwright & Co. Economics Inc., tells Dow Jones Newswires that accelerated bankruptcy would be a better option to resolve the current financial crisis.

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Source:
Why Paulson’s Plan Won’t Work
Simon Constable
WSJ, 11/6/2008

http://online.wsj.com/video/why-paulson-plan-wont-work/52373D05-8BF6-464F-945D-F6BDF7FFA689.html

Category: Bailouts, Markets, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Why Paulson’s Plan Won’t Work”

  1. Bob A says:

    sounds an awful lot like the arguments for deregulation.. or letting New Orleans flood.

  2. woodyy says:

    How is this different from the “liquidate,liquidate,liquidate ” policy of the hoover administration?