List Me among the Nay-Sayers and Recriminators
Crisis Managers vs. Naysayers By Steven Pearlstein Friday, June 12, 2009 Last fall, during the darkest days of the financial crisis, if you'd predicted that by the middle of this year, 10 of the biggest banks would have paid back all $68 billion of their bailout money and begun to raise private capital again, that General Motors and Chrysler would have been run through a dramatic bankruptcy restructuring and that the stock market would be up 35 percent from its lows, I probably would have given you 10-to-1 odds that you were wrong. Now that it's all come to pass . . . Instead of celebrating this feat of economic policy, however, there are those who seem more in the mood for second-guessing and recrimination.
______________________________________________________ Indeed, list me among the nay-sayers and, lest anyone compare me to a certain radio-maniac who hopes President Obama fails, let me sign, in bold-face letters, on the side that hopes for reconstruction.
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