http://www.jodyeisenman.com/2009/03/the-stock-market-roars/ Words of insight on the financial markets from the CEO of Perrin, Holden & Davenport Capital. Mon, 09 Jan 2012 20:26:31 +0000 hourly 1 http://wordpress.org/?v=3.2.1 http://www.jodyeisenman.com/2009/03/the-stock-market-roars/comment-page-1/#comment-148 rc Tue, 24 Mar 2009 13:47:48 +0000 http://www.jodyeisenman.com/?p=320#comment-148 I see this as a test run for eventual full blown nationalization of some of the banks. If Geithner's pan doesn't work, at least the Treasury can claim they tried the least radical option, and now are left with nationalization, which has always been too controversial and radical to undertake. No one can fault them for trying the least controversial approach first. I see this as a test run for eventual full blown nationalization of some of the banks. If Geithner’s pan doesn’t work, at least the Treasury can claim they tried the least radical option, and now are left with nationalization, which has always been too controversial and radical to undertake. No one can fault them for trying the least controversial approach first.

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