Tuesday, November 11, 2008
Middle Ground
I kind of feel like Richard is arguing against one extreme, that all crappy business decisions might be regulated by the government and that's bad, while Matt's solution sweeps too broadly in its retroactive application. I think as a practical matter, that's not going to happen. I don't necessarily think it's a bad idea to condition government help on future reigning in of golden parachutes and the like.
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