Bailout Scare-Mongering: "Another Bank Teetering on the Edge" Listen to this article

"The quote above comes from Robert Bennett (Senate, R-Utah) and while no doubt narrowly true (presumably it's Wachovia), implying that the bank will go under due to the failure to implement the Paulson plan is just plain dishonest. The bank has been wobbly for a very long time and t isn't at all clear that the plan, even if it had been voted in last week, would be implemented in time to have any impact or would have done anything other than delay the inevitable."