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Not seriously, no. They'll most likely open one commercial branch each in the cellar of a warehouse in North Dakota. Or Alaska.

This is another naked attempt to grab federal insurance - aka a bailout - for their liabilities. Some creative accounting will move the debt from one place to another.

They're probably hoping that with Paulson's planned new superpowers they won't be held accountable.

But given that no one is buying Paulson's beatification - not even Newt Gingrich - the plan may not be the success they're hoping for.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon Sep 22nd, 2008 at 06:57:19 AM EST
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afew 4

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