Mosler plan vs Geithner plan
March 30, 2009 at 09:35 AM EDT
[Skip to the end] The Mosler plan to better accomplish what the Geithner plan has attempted to do: Targeted credit default insurance between the FDIC and the banks Here’s how it works: Any bank could apply for FDIC credit default insurance. The bank would submit the securities it wants insured to the FDIC for approval. The FDIC would calculate a risk [...]
