Washington Post reporters have no idea what price banks consider "fair" for their toxic assets. They might know the price the banks want or the price that the banks say is "fair," but they do not have access to the inner thoughts of the bankers. So, why don't they just stop telling us that the banks can't get prices their consider fair for their toxic assets? It is also remarkable, that in a paper obsessed with cutting Social Security, an article that discusses a plan that could hand more than a trillion taxpayer dollars to bankers and investors, the issue of a taxpayer subsidy is never explicitly discussed.
--Dean Baker
