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See What People Are Saying About... Bickering Over Bailout

Wednesday, 24 Sep 2008 | 12:53 PM ET

Federal Reserve Chairman Ben Bernanke said on Wednesday "extraordinary stress" in financial markets was threatening an already weak U.S. economy, but his plea that lawmakers support a $700 billion credit detox plan was met with skepticism.

As we first told you yesterday, Democrats and Republicans are haggling over the details. Dems want to add assistance for homeowners, as well as curb executive pay at companies who participate in the plan.

Conservative Republicans recoiled at the prospect of federal intervention into private capital markets.

Just like Congress, Fast Money viewers are divided over a government bailout for Wall Street.

Ursula C. writes, "I am absolutely against ANY bailouts of the latest financial firm failures. They are sharks and knew exactly what they were doing and forgot that greed will get you every time!"

John J. takes the other side of that argument. He writes, "Anyone with a 401k would realize that the bailout isn't just Wall Street, it's for all of us with retirement investments!"

And that leads to our Fast Money Reader Poll. Fundamentally, do you support a government bailout of Wall Street?



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