Sun, Oct 28, 2012 - Page 8 News List

EDITORIAL: Do not throw good money after bad

Certainly, the government has a responsibility to help protect the rights of employees and the interests of investors when financial companies get into trouble. It is also entitled to use any means necessary to stop financial distress turning into a broader meltdown of the entire system. However, the point remains that the government needs to safeguard public interest and mitigate moral hazard. It must make the right decisions for the economy as a whole.

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