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To: SpirituTuo
respect to all here, without a functioning money market, major businesses would collapse.

And new businesses would rise out of the ashes. The government has too much vested in who wins and who loses in the market.

61 posted on 12/05/2010 1:56:21 PM PST by dfwgator (Congratulations to Josh Hamilton - AL MVP)
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To: dfwgator

Perhaps you are unaware of the millions, yes, millions, of employees work for companies in the Fortune 100, and how many decades it took for those companies to be built.

It would have been utterly irresponsible and caused far greater damage to the US and global economy not to have kept the money markets flowing.

Just because the details weren’t released at the time doesn’t necessarily make it some nefarious secret. One story I read showed the Ford reported its participation in its public filings to the SEC. That doesn’t sound very secret, does it?


64 posted on 12/05/2010 3:29:40 PM PST by SpirituTuo
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