Please give me 8 minutes to explain the $1.1 trillion federal government Public-Private Investment Program (PPIP)

[Lee Common]

http://www.cumber.com/commentary.aspx?file=032909.asp&n=l_mc

The way I see it this program has a far better chance of being good for the banks as well as the investors who leveraged these assets than for the people who will ultimately foot the bill.

Not the best plan, Lee