Comments on: After the Bailout of Wall Street, Everybody Wants Cash http://www.dailyreckoning.com.au/bailout-wall-street-cash/2008/10/31/ An independent perspective on the Australian and global investment markets Mon, 22 Mar 2010 11:41:53 +0000 http://wordpress.org/?v=2.8 hourly 1 By: Wall Street Gets the Boot | Bear Market Investments http://www.dailyreckoning.com.au/bailout-wall-street-cash/2008/10/31/comment-page-1/#comment-63874 Wall Street Gets the Boot | Bear Market Investments Mon, 02 Feb 2009 05:12:14 +0000 http://www.dailyreckoning.com.au/?p=4270#comment-63874 [...] After the Bailout of Wall Street, Everybody Wants Cash [...] [...] After the Bailout of Wall Street, Everybody Wants Cash [...]

]]> By: Curt http://www.dailyreckoning.com.au/bailout-wall-street-cash/2008/10/31/comment-page-1/#comment-49660 Curt Fri, 31 Oct 2008 14:56:50 +0000 http://www.dailyreckoning.com.au/?p=4270#comment-49660 I fed has bailed out the banks, but we don't need all these banks in a contracted economy. Their is a bank on every corner. During the S&L banking crisis, something like 400,000 banks closes and the Fed is using that as an example of what they don't want to do. But, I think we do need to allow 1/2 the banks to close. The line of industries that is going to be asking for a bailout is going to continue to grow and the Fed is going to have to close the door and let the chips fall. I fed has bailed out the banks, but we don't need all these banks in a contracted economy. Their is a bank on every corner. During the S&L banking crisis, something like 400,000 banks closes and the Fed is using that as an example of what they don't want to do. But, I think we do need to allow 1/2 the banks to close.

The line of industries that is going to be asking for a bailout is going to continue to grow and the Fed is going to have to close the door and let the chips fall.

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