The S&L bailout was a walk in the park compared to this - 250 billion.
We are now talking in the trillions of dollars. Do NOT make the mistake of this being the S&L all over again. It’s much bigger and it involves many more players.
I listen to one expert (Kramer for instance) who is pleading for this to happen. I listen to the next who says it can not be allowed to happen.
All I know is I don't want to pay for the mistakes of a bunch of nit wits who bought McMansions. My anger toward them dwarfs my anger towards these twenty guys on Wall Street making millions. Sorry.