Now That's Government Intervention

I'm not sure if this is an argument against that the US isn't doing enough for its banks, or that Mexico's handling of its own financial crisis a decade and a half ago was horribly wasteful, or both: former president Ernesto Zedillo points out that, proportionally speaking, Fobaproa cost Mexico much more than the United States has been willing to spend in the present crisis. At about 20 percent of the GDP, the US would have to spend about $3 trillion to approach Mexico's scale of intervention from the mid-90s. Such a figure would seem likely to spawn a class of American AMLOs, although more likely from the right.