The Government and the Banks

This is an opinion item.

Author(s)	The New York Times editorial board
Source	The New York Times
Date	February 21, 2009
URL	http://www.nytimes.com/2009/02/22/opinion/22sun1.html
Quote	"The government would be in charge of restructuring those banks’ finances and operations. Current management would be fired — an appropriate end for executives whose failures have brought their companies and the country to this dark and dangerous point. Because taxpayers would be the owners, they would benefit from the gains to be had when the banks recover."

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This item argues for the position United States should nationalize its banks on the topic Economic crisis of 2008.