PJ Media

Or, gee, they can sell some assets. Perhaps banks on a more sound footing can take some of the loans off their hands. Sure, the struggling banks take an overall hit, but their liquidity situation is improved, although their stock value may go down. (As opposed to?) They can also reorganize their management while they’re at it. The banks which were more prudent get to finally get the profit they deserve, by getting some of these assets at a bit of a discount.

How would we do this, though? I have an idea. It’s called… bankruptcy court! Duh! Let. Them. Fail.