Dear Right...

Originally Posted by Cannon Shell

Then I would order my financial team to start drawing up plans to allow the crippled institutions (Banks, AIG, GM, Etc) to go away (via some sort of controlled bankruptcy) and stop being a drain. Naturally I would encounter resistance but I would put my foot down and make it happen. The bleeding would stop, there would be no nationalization and the assets of these companies that are still worth something including the physical assets would be auctioned off with some sort of federal incentive for buying. The so called toxic assets would be eaten by the govt. if we are going to wind up paying for the entire thing anyway i would rather draw down the life of these companies, take the hit and start moving in the right direction. I'm sure that it wont be as simple as this but this is theoretical.

This may be exactly what will happen if the banks are Nationalized.
This is almost exactly what happened in a case (hi im god presented
in the form of an audio in an earlier post) during the Savings and Loan crisis in the 80's were one institution was indeed Nationalized. It turned out to be
a controlled bankruptcy even though that was not intended.