some reason:
Liquidated and sold to whom? At what price? And, um, isn't the problem that if you take over one or two large instututions and start fire saling all these assets, that you suddenly fuck up the balance sheets of a lot more banks that have similar assets -- and you start a chain reaction?
YES!
Finally!
The banks are insolvent.
So sorry, buh-bye.
U can soakem up anyway. It doesnt make a diffrence. Itll get outta balance anyway. The more control Geithner has the better
Treasury Chief Seeks Wider Power to Seize Troubled Firms
By BRIAN KNOWLTON and JACKIE CALMES
At Congressional hearings on Tuesday, Timothy F. Geithner asked for more authority to take over nonbank financial institutions, officials said.
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