The 5 Myths of the Great Financial Meltdown: Round 2
About 6 weeks ago I published a blog from CNNMoney.com/Fortune about the 5 Myths of the Financial Meltdown. Apparently this article caused quite a stir among the readers so the author responded to many of the comments. The comments basically broke out into 2 groups: those that thought the free market should have been left to resolve the issue and those that felt the banks should have been largely nationalized. Below is the author's response to the comments.
Article is in italics from CNNMoney.com-Fortune: