Malkin writes about a bank that, in essence, told Emperor Paulson to take his bailout and shove it.
Lastly, I think it is inappropriate to use taxpayers’ funds to inject into healthy private enterprises. What message are we sending our future leaders? Is there no reward for doing the right thing? It seems there is only penalty. The reward seems to be for the reckless.
I believe that under a new administration, the CPP will become a political issue. I am afraid the new capital being used to shore up balance sheets and make acquisitions will not be looked upon favorably, as its original intent was to free up liquidity for extending credit.
Please while you go about the hard work of repairing our nation’s financial system, do not overlook the opportunity to restore dignity and respect for sound and responsible business principles.
If you don’t stand up for the good guys, who will?
Who, indeed?
Denizens, if any of you are in the Midwest, look these guys up and put your money there.  Here’s their website.
I’m gonna see what I can do about putting my money there, too.
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