Is the bailout enough to right-foot the banks?

[Joelle]

Is the bailout enough to right-foot the banks?
      

Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson are urging Congress to act swiftly on a $700 billion bailout plan for the financial system.
You are not allowed to view links. Register or Login quotes a former Federal Reserve official as saying, “the alternative is complete financial Armageddon and a great depression."
Hugo Duncan writes in the Evening Standard that if the bailout fails, [...]
         

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