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Thursday, March 27, 2008

Robert Reich: Taxpayers Deserve a Share if Bear Stearns Makes a Profit

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  • Bear Stearns "bailout" for taxpayers [4:38 -9:42]
  • The prospect of a depression [10:26-14:38]

The idea is that if taxpayers are going to cover the downside, then they ought to have a share of any profits on the upside.

    Posted by on Thursday, March 27, 2008 at 01:19 AM in Economics, Financial System, Social Insurance, Video | Permalink  TrackBack (0)  Comments (13)

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