Go On, Take The Money And...Run? Loan? Become Nationalized?

The news is probably not totally shocking: 16 WAPT is reporting that, as of today, nine Mississippi-based banks have accepted government "bail out" monies. What this will ultimately means remains to be seen. Personally, however, I was hoping that our locally-owned banks could hold out. As this story unfolds, perhaps we will receive insight into whether the nine banks got an "offer they couldn't refuse" or if they actively sought the funds. For the time being, however, I refer readers to my recently published op-ed on the frenzy, Let The Bailout Games Begin.