Comments on: Mysterious And Toxic Terminology http://www.chrisweigant.com/2009/03/23/mysterious-and-toxic-terminology/ Reality-based political commentary Thu, 30 Apr 2026 02:50:11 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: fstanley http://www.chrisweigant.com/2009/03/23/mysterious-and-toxic-terminology/#comment-4567 fstanley Tue, 24 Mar 2009 17:54:55 +0000 http://www.chrisweigant.com/index.php/2009/03/23/mysterious-and-toxic-terminology/#comment-4567 I do think that some people will buy these "Legacy" assists because they think they will be able to make a killing later on down the road. I also think that the very people who caused this mess will be the ones doing the buying because they are the only ones who have any cash. Changing the name will help a little but won't do anything about the bigger issue - the financial system/industry needs oversight and regulation. ...Stan I do think that some people will buy these "Legacy" assists because they think they will be able to make a killing later on down the road. I also think that the very people who caused this mess will be the ones doing the buying because they are the only ones who have any cash.

Changing the name will help a little but won't do anything about the bigger issue - the financial system/industry needs oversight and regulation.

...Stan

]]> By: LewDan http://www.chrisweigant.com/2009/03/23/mysterious-and-toxic-terminology/#comment-4566 LewDan Tue, 24 Mar 2009 14:20:06 +0000 http://www.chrisweigant.com/index.php/2009/03/23/mysterious-and-toxic-terminology/#comment-4566 Funny -- and kind of true -- but largely missing the point. No one will buy "toxic assets" no matter what they're called. The plan is to "detox" them, then sell them. Funny -- and kind of true -- but largely missing the point.

No one will buy "toxic assets" no matter what they're called. The plan is to "detox" them, then sell them.

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