[oblomov]

Agree 100% with this article. I don’t think the gov’t should have provided financing for the Bear Stearns buyout, either. The Fannie and Freddie takeover was probably unavoidable, however.

[Jimmy Valentine]

Totally agree. But, after things stabilize, Fannie & Freddie need to be wound down to a point where they canbe sold off into themarket.

As to Greenspan, he needs to shut up and go away, and the sooner the better.