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The Spokesman-Review Newspaper
Spokane, Washington  Est. May 19, 1883

Huckleberries Online

US Buys Stakes In Nation’s Largest Banks

Item: U.S. to buy stakes in nation's largest banks: Recipients include Citi, Bank of America, Goldman/Wall Street Journal

More Info: The U.S. government is expected to take stakes in nine of the nation's top financial institutions as part of a new plan to restore confidence to the battered U.S. banking system, a far-reaching effort that puts the government's guarantee behind the basic plumbing of financial markets.

Question: Any of you have enough expertise to say whether bank nationalization is a good thing or a bad thing?



Huckleberries Online

D.F. Oliveria started Huckleberries Online on Feb. 16, 2004. Oliveria's Sunday print Huckleberries is a past winner of the national Herb Caen Memorial Column contest.