This article by Henry Bloget reinforces my first post below. The banks need to be restructured. "Too big to fail" should mean that these large banks should be too big to exist. Again, Geithner is too cozy with the banks!
If there's anything that can drive me to a Rage it's Economics! So often economic opinion is left or right - rarely is there a considered non-politically-biased opinion. So, I give you RageEconomics! RageEconomics accepts no ideological labels and no political affiliation. I'm a senior business executive (I'll remain anonymous)with a view on economic policy and thought that is heavily influenced by practicality. I balance long term goals with the immediacy of short term priorities. I welcome all intellectual arguments to my posts.