Monday, September 22, 2008

Blodget: What About Toxic Assets?

Henry Blodget on Huffington asks a great question about equity in exchange for bailout:

"(For a similar view, see Paul Krugman's editorial today. The NYT columnist and Princeton professor thinks Paulson's plan is a disaster. Senator Dodd's counter-plan includes provisions for the government to receive equity in exchange for the bailout, which makes more sense. It will still require the government to deal with the toxic assets, though.)"

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