His solution - dump the crap on the US taxpayer. Get popcorn. The sh*t is gonna hit the fan. Especially with incompetent way-over-her-head monkeys like Sheila Bair running the joint. And get ready for the mother of all bailouts HP'ers. RTC2. RTC on steriods. Bankers and speculators gambled. And you and I get stuck with the tab.
Cramer: The FDIC Needs a Plan -- Now
Jim Cramer says the FDIC desperately needs to find a way to dispose of its assets.
August 29, 2008
Posted by blogger at 8/29/2008