Are the Government's Bailouts Hurting the Economy?

First came Bear Stearns, then Fannie Mae and Freddie Mac and now AIG … but is the third time the charm or the choking point? Some financial experts worry that the government's moves to bail out ailing companies are keeping the credit crisis from reaching a bottom, ultimately delaying an economic recovery. "Artificially trying to prop up dead entities is only prolonging the inevitable," said Peter Boockvar, an equity strategist at the trading firm Miller Tabak & Co. "Anything that slows down...Full Story
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