tag:blogger.com,1999:blog-8731850749845921666.post9211621912194941353..comments2008-09-30T21:12:07.221-07:00Gopi Padakandlahttp://www.blogger.com/profile/09554765926145106015noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-8731850749845921666.post-88884168205228513752008-09-30T21:12:00.000-07:002008-09-30T21:12:00.000-07:002008-09-30T21:12:00.000-07:00Thanks for comment John. I totally agree with you that due diligence in planning, oversight and systematic risk management are imperative for the rescue plan to enable intended economic benefits.Gopi Padakandlahttp://www.blogger.com/profile/09554765926145106015noreply@blogger.comtag:blogger.com,1999:blog-8731850749845921666.post-52754272028879745162008-09-29T17:50:00.000-07:002008-09-29T17:50:00.000-07:002008-09-29T17:50:00.000-07:00Its not the bail out thats in question but the over sight. In Business we always have a due diligence before any involvement or risk. In this situation, the goverment is panicking, not doing due diligence, nor providing adequate oversight.<BR/>If we step back, I believe the banks themselves will come to the rescue as they still have more to lose. If they see goverment bail out, they will be reluctant to bail themselves out.Sean O'Cairdehttp://www.blogger.com/profile/14169105056533027266noreply@blogger.com