New plans simply can't be negotiated in time
(NEWSER) - Henry Paulson’s bailout plan isn’t perfect, writes Joe Nocera in the New York Times, but we have to enact it anyway because time has run out. “With every passing day, Congress is fiddling while Rome is burning,” says Nocera, just last week a bailout opponent. Lawmakers need an agreement Monday, he predicts, to avoid a Wall Street revolt. “No deal, no credit markets. It’s as basic as that.” More»
