I much prefer to see Gingrich's proposal given some consideration (although it looks like the SEC is sort of addressing a part of it now). It seems that it would offer the market the tools the get out of this while not dumping 'toxic debt' on the taxpayers - the companies would have to deal with it, and setting up the market for better long-term performance by addressing our corporate tax rates, putting us on a more level global playing field.
I don’t have the answer. Thank God I’m not a politician. All I know is Government caused the problem and now government has to fix it.