1.0 link 215672 <![CDATA[Whistling Past the Economic Graveyard: The Audacity of Misplaced Hope]]> http://www.huffingtonpost.com/arianna-huffington/whistling-past-the-econom_b_215672.html Is it possible to have too much hope? To be too optimistic? Yes, if that hope keeps you from facing -- and dealing with -- unpleasant realities.

That seems to be what's happening regarding the financial institutions responsible for the economic meltdown.

Let's start with the banks' toxic assets. When Tim Geithner unveiled the Public Private Investment Program, he said that dealing with these assets was a "core" part of solving the financial crisis.

But the banks would much rather keep...

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