Forbes – October 17, 2008
In the latest chapter of the credit crisis, the U.S. Government announced this week that it would take equity stakes in the country’s top financial institutions. As has been the case been throughout the crisis, there has been a huge amount written about whether the Treasury’s actions will be effective. Much of that writing, like the bank balance sheets that have helped cause the credit crisis, may be opaque to a non-expert reader.
