Thread: Markets up
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Old 03-25-2009, 06:51 AM   #22 (permalink)
aceventura3
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Quote:
Originally Posted by roachboy View Post
Will the Geithner Plan Work? - Room for Debate Blog - NYTimes.com

i think you can access this, but if not, you can sign up for the times and it's free so far.
this outlines the main positions on the state of the banking system as a whole, the idea behind geithner's rehashing of paulsen's plan, and the problems that attend this throwing of the dice. i'm more inclined toward krugman's position than anyone else's. what do you think?
He gave nothing to support his view. And, his view is vague - "banks messed up" - that is a pretty meaningless comment. On the other hand there is clear empirical evidence that most "banks" are functioning and are healthy.

---------- Post added at 02:51 PM ---------- Previous post was at 02:49 PM ----------

Quote:
Originally Posted by ratbastid View Post
The stock market is fundamentally an irrational and emotional critter.
Over the long term the stock market reflects the true value of companies publicly traded.
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