ryanavent.com - 3/25/2009
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On the question of whether individuals should be able to take large government loans in order to purchase packages of bank assets of unknown value, Megan offers three potential problems:
It’s only a sweetheart deal if you at least kind of know what you’re doing. Look at the stock ...
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Cold Water Tag-Team
The Daily Dish | By Andrew Sullivan —
Megan and Ryan Avent don't think it's a good idea to let the little guys participate in the public-private bank fix.
Broad Public Participation in PPIP Will Bolster Legitimacy
Matthew Yglesias —
... in the program, and said that I think it’s a very good idea to try to make sure that this is the case. Ryan Avent surveys some information about how it actually probably wouldn’t be a great idea for individual investors to try to play the PPIP game and concludes “I’m not really sure what their inclusion is supposed to accomplish, other than some feel-good idea that they get to have the fun the bankers have.” ...
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