Nationalize US Banks says Krugman

The Nobel prize winner for economics Paul Krugman says its better to nationalize US banks before they go to brink of Break Down.

In his column he says " What Alan Greenspan, the former Federal Reserve chairman — and a staunch defender of free markets — actually said was, “It may be necessary to temporarily nationalize some banks in order to facilitate a swift and orderly restructuring.” I agree. "

Read More of his views in his NYT column : http://www.nytimes.com