A bailout is a bailout is a bailout. I am not sure why people get so offended by this. Here it is a bailout with extra steps to allow for claims that it is not a bailout. I have no real horse here. My market exposure is maybe 10k usd now.
The point made is rather simple: whatever the rules are, enforce them. Otherwise they are not rules and no one will take you seriously.
The point made is rather simple: whatever the rules are, enforce them. Otherwise they are not rules and no one will take you seriously.