>>The big issue now is the pricing of these assets -- one nice idea would be to give the banks shares of the state-private company owing the troubled assets, then you get splitting of the costs/rewards both ways. I still prefer the insurance schemes, but not so easy here perhaps...<<
The sensible think to do would be to put then into a corporation and have the public and institutions buy them on the open market.
JusT like the US did in the first place with their mortgages!! The only difference would be that they are now realistically priced (assuming the banks don't pay inflated priced and the cycle starts all over!).
Outstanding! While I don't like the idea of bailing out banks (horrible management needs to result in horrible consequences)...I LOVE the idea of bailing out my largest investment :). I'll take it!
My $4.40 limit-sell order has been removed. Very curious to see what the upside is this next week.