[CapnJack]

When the gov’t nationalizes the few big banks, guaranteeing their solvency, where do you think people/business will put their money?

And where will all this new money come from?

I see all the non-nationalized banks going under due to runs on them so the money can be moved to the gov’t banks.

Then, the new gov’t banks will control all the people's/businesses money. A neat little plan don't you think.

And when was the last time the gov’t “...temporarily...” did something?

[rabscuttle385]

A neat little plan don't you think.

Until the banks' derivatives and other toxic waste explode all over the Federal balance sheets.

[kenavi]

When the gov’t nationalizes the few big banks, guaranteeing their solvency, where do you think people/business will put their money?

The U.S. government did this before, under Pres. Reagan.

It means the CEO who got the bank into the mess gets kicked out. The government then auctions off the bank with partial government guarantees to the highest private bidder. The shareholders of the other banks pressure their Boards to do this themselves before the government comes in.