tag:blogger.com,1999:blog-4185740361476149540.post3792467914138677551..comments2024-02-15T00:40:37.565-08:00Comments on The Biz of Life: Does Government Intervention Help or Hurt in the Long Run?The Grouchhttp://www.blogger.com/profile/16355057736314451831noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-4185740361476149540.post-30324495426734817412010-11-04T05:27:46.447-07:002010-11-04T05:27:46.447-07:00I don't agree with everything he say either, b...I don't agree with everything he say either, but I am pretty sure BB&T was one of the banks that didn't want or need TARP and got pretty bent out of shape when they were forced to take it. Allison's bank has been one of the more conservative of the big banks, and I am sure they are very cautious about lending and asset valuations.The Grouchhttps://www.blogger.com/profile/16355057736314451831noreply@blogger.comtag:blogger.com,1999:blog-4185740361476149540.post-89882547065769193862010-11-04T05:05:59.634-07:002010-11-04T05:05:59.634-07:00He has a lot of great points but also some I disag...He has a lot of great points but also some I disagree with. On market value accounting it is worth remembering that allowing the S&L industry to pretend it was solvent when it was significantly underwater ended up costing the American taxpayer dearly in the S&L crisis. I know people who would love to pretend their house is worth what it was when they bought it 3 years ago. Would Allison's bank be willing to lend on the basis of that valuation?DIY Investorhttp://rwinvesting.blogspot.comnoreply@blogger.com