Sunday, September 28, 2008

The Bailout Bill: Yay or Nay?

Here's the proposed bill in it entirety. I haven't finished reading the whole thing yet but my initial reaction is that its still a far stretch from what much of the public would like to see. While its better than the initial Paulson proposal of last week, it still has too many safeguards for those who effed up in the first place and not nearly enough reform in areas of bankrupty and financial industry regulation.

What's your take?

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