January 09, 2009

Send out the dogs!

Sir Aline van Duyn does very right reminding us that “Messy question of toxic assets still needs an urgent answer” January 9. There must be without any doubt some value in those assets and besides, in these circumstances of uncertainty, even knowing for sure they’re worthless could have some value.

I remember having heard about the possibility of the US government empowering some financial experts to go out and hunt down the value of the toxic assets and paying them a percentage of the bounty. What happened with such a splendid idea… too republican?