This is a scam by having a Dodd plan vs. Paulson Plan. Look at the players-Dodd is the Senator from Connecticut who has been bought by the finance and insurance industry. Paulson when he was CEO of GS was shorting the same financial instruments they were selling the previous year.

You cant trust people who are saying they want to save a banking system which has allowed the greatest inequality of income since the 1930's and contribute only 7% to the GDP but take home 40% off all corporate profits.

Why even compare. The government should nationalize all the deposits and good loans of these financial institutions and let the banks go under with the bad loans. When the banks try and come out of bankruptcy;they have a choice either they have stringent regulations on who and how they will loan and will get back the previously government nationalized deposits and good loans if the depositors and good loans wish to go back to the bank or the bankrupt banks start from scratch or dont come out of bankruptcy.

The government then creates its own national credit unions or whatever and has the good deposits and loans secure there.

What these criminals-not one indictment in this whole mess so far nor any reregulation in exchange for previous bailouts-want is to be able to keep a sick system alive.

And we havent even factored in the coming defaults of the Alt A mortgages which are due for resets over the next 16 months.

What are we doing listening to these guys trying to extend their criminal practices with our continued operation because they are threatening to blow up the world finance system which doesnt work anyway and regardless of a bailout; the finance system will have to be completely overhauled if finally the people are to be protected instead of a proverbial few bankers compared to the hundreds of millions of people they have harmed.