But Will It Work?

New York Times by Peter S. Goodman | Sep. 21, 2008 (News Analysis)

As the federal government steps to the center of the financial crisis, devising plans to take ownership of hundreds of billions of dollars' worth of bad mortgages, a pair of simple questions rise to the fore: Will this intervention finally be enough to restore order? And what will this grand rescue cost taxpayers? Full Story »

Posted by Kaizar Campwala

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Kaizar Campwala
4.3
 by Kaizar Campwala - Oct. 1, 2008

A great look at the causes and consequences of the Federal government's bailout plan. Connects the dots between the housing boom and dot com speculative bubbles, liberal lending by banks, and the bubble burst. Speculates on the consequences of these action- though there's notable a failure to explain what this added debt burden will mean for the Federal Government.

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Kaizar's Rating

Overall
4.3

Good
from 12 answers
Quality
4.1
Facts
3.0
Fairness
4.0
Information
4.0
Sourcing
4.0
Style
4.0
Balance
5.0
Context
5.0
Popularity
5.0
Recommendation
5.0
Credibility
5.0
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