The Mudcat Café TM
Thread #115883   Message #2596565
Posted By: Donuel
24-Mar-09 - 07:51 PM
Thread Name: BS: Popular Views: the Obama Administration
Subject: RE: Popular Views: the Obama Administration
Apparently Obama is not merely adopting the Bush toxic buy back scheme but is doing both toxic buy backs and nationalising select firms.

Geither is not calling it nationalising, he is calling it reorganising acquisions. I would call it a Chinese menu aproach.
One from column A and one from column B.