From what I can garner, Cologal is pretty close to accurate. I just wish I could understand more so I could take a side on this. If the bailout is not essential in the sense that taxpayers MUST bail this thing...then why not let the free enterprise system work and make those who got into this get out with help.

I dont know for sure.....Democrats and the President say it has to happen..along with many Republicans...I sort of lean toward not having the taxpayers pay and from what I heard HELPING the firms work it out on their own.

Amazing to hear those who complain about taxpayers paying for Wall St woes NOW supporting a bail out with taxpayers paying