- Nov 15, 2004
25 points coming next week.Last auction was 1.2%. This one is might be below 1%.
I think I said in a previous post on the other thread that by my definition, nothing yet has been a bailout, but I don't think there is an official definition. Didn't save shareholders, didn't save debt holders, only saved deposits. If you want to use the word "bailout" when talking about depositors, that is your call. I just think the word has a negative connotation to it with the general public. So far I see nothing that bothers me. Just action to try to keep the system functioning- which is necessary. But doesn't mean I can't change my mind next week.