Jon Elson wrote:
John R. Carroll wrote:
We could always "pop" a replacement up.
There isn't a single reason not to wipe out every dollar of
shareholder equity as a quid pro quo and I can think of several
reasons to do exactly that.



No, it would take congressional hearings that would go on for
MANY MANY months.

They have been Jon and for many months.
Bush needs to stop playing politics with this.
In any event, you won't see anything more than stop gaps until after the
election in November.
The sitting administration just doesn't have the street cred to pull
anything off at this point and noone on either side of the aisle is much
inclined to jump any farther than the minimum to stave off disaster.


--

John R. Carroll
www.machiningsolution.com