tag:blogger.com,1999:blog-8487128531050281473.post5975290703421195077..comments2024-01-08T14:24:03.718+00:00Comments on Economics Essays: Nationalisation and Bailout of BanksTejvan Pettingerhttp://www.blogger.com/profile/03405988099792035111noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-8487128531050281473.post-25351077391864760912010-08-27T07:01:12.938+01:002010-08-27T07:01:12.938+01:00I am happy for the government to bail out failing ...I am happy for the government to bail out failing banks and their depositors on this condition : The high interest rates that these people received from unsound banks are retrospectively applied (say since 2000) to my cautious investments in low interest 'safe' securities.Otherwise they receive no penalty for their greed whilst I suffer for my 'good sense' (ha ha!) Alternatively Allmortgagebankshttp://allmortgagebanks.com/noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-46777727088984271872008-09-09T18:47:00.000+01:002008-09-09T18:47:00.000+01:00see next blog postsee next blog postTejvan Pettingerhttps://www.blogger.com/profile/03405988099792035111noreply@blogger.comtag:blogger.com,1999:blog-8487128531050281473.post-48881359431119446712008-09-08T22:01:00.000+01:002008-09-08T22:01:00.000+01:00Interesting article. But could you explain what d...Interesting article. But could you explain what do you mean by "The banks need to be nationalised because of an unprecedented rise in mortgage delinquencies (an American term for mortgage defaults) leaving investors nervous about whether they could survive." Who could survive? The investors, or the banks. <BR/><BR/>And why is it okay for Curtis Mathes Corporation to go belly up, but not an Anonymousnoreply@blogger.com