The new plans won't solve the problems. The figures

来源: wxc1204 于 2009-02-10 11:48:05 [] [旧帖] [给我悄悄话] 阅读数 : (377 bytes)

related to bad assests of banks, at least in paper, are way higher than the actual mortgage, because so many "insurance" were betting on the default of the mortgage. Unless the banks, insurance Cos. stop paying their debts, 1T $ won's fill the hole. All the investors, include us who had no control or knowledge what MM was doing when putting money in 401K, are all losers.

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