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RE:Root Cause of Problems - Role of Government.
by imran patel on Apr 11, 2008 12:28 AM

That is what I am saying.

The FED is doing the WRONG thing. They need to let markets correct themselves. Intervention will prolonge the recession.

There was no need for congress to approve and fund the buy-outof bear-sterns by JP Morgan.

Government should stay out of this.

Success and Failures go hand in hand.
Individuals/companies must face the consequences of their actions/investment.

Bear Sterns make bad investment. There is no reason for government to bail them out.

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