[OPE] U.S. Treasury Considers Buying Stakes in Banks

From: Gerald Levy <jerry_levy@verizon.net>
Date: Thu Oct 09 2008 - 10:40:41 EDT

Well, it may not be the traditional form of nationalization,
but it is a sort of quasi-neo-nationalization of the banks which
is being considered. With co-ownership, will the state
have co-control over bank policies? Is this another indication
of a move towards corporate state capitalism?


In solidarity, Jerry

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Received on Thu Oct 9 10:42:32 2008

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