A Wall Street sign is seen against the backdrop of the New York Stock Exchange in New York City. Job losses across Wall Street are forecast by New York state accountants to hit 48,000 by the end of next year. Hedge funds, which have long prided themselves on their resilience, are reeling. (AFP/File/Stan Honda)
(I hope he wears the Mighty Mouse uniform)
NO tax payer dollars should go to bail out these defective institutions - on Wall Street or in Detroit.
Let teh cleansing action of the marketplace fix things.
For 10 years and 17 floors above the ground that was the view out of my kitchen area window. Cold in the winter and a beautiful scene of the Wall Street Christmas Tree. Now here in sunny and sometimes not so sunny Florida, I think back and wonder do I miss that view?