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TMFAleph1 (94.72)

How About a Government Infrastructure Bank?

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October 18, 2010 – Comments (2) | RELATED TICKERS: GE , XOM , BRK-B

Excellent internal UBS discussion re. the idea of infrastructure-oriented government banks. Warning: This is unsuitable for those who want everything they read to fit into a tweet.

2 Comments – Post Your Own

#1) On October 18, 2010 at 5:57 PM, rfaramir (29.56) wrote:

This is like a bullion-plugger (who fills silver bars with lead, or gold with tungsten) arguing with a bill-printing counterfeiter on the best way to fleece the sheep.

 

Paul had the marginally better reservations and insight into how the political process will mess it up. 

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#2) On October 18, 2010 at 6:14 PM, TMFAleph1 (94.72) wrote:

Thanks for your comment, but I'm not sure I understand your analogy. Is Donovan supposed to be the 'bullion-plugger' to Magnus's 'counterfeit bill printer'? 

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