Name that bailout: What would you call the biggest bailout ever?

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As I type this the Treasury Secretary -- ‘Handout’ Hank Paulson -- is reportedly considering the bailout to end all bailouts, a large government trash can where Wall Street will dump all the toxic waste that was so clever and lucrative when it was produced, but is now so stinky and lethal.

Remember that: It was lucrative. People got rich scheming and dreaming up the crap that nobody wants to touch today, the stuff the government might soon buy with your money.

But I digress. The purpose of this post is to ask you to Name That Bailout. Remember that history gives us the Resolution Trust Corp., or RTC. Here are the early suggestions:

Uncle Billy calls it the Dissolution Bust Conflagration (DBC).

Anon113 calls it The FDSL, Federal Dept. of Socialized Losses.

G O calls it ‘govt housing & insurance & cars for everyone’

I’m sure someone will borrow the name of a popular blog and nominate ‘The Mess That Greenspan Made.’

Anon666 suggests, Stocks and Housing Insurance Trust.

Send me your ideas in the comment section; I’ll add some to the post.
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-- Peter Viles

Photo Credit: Treasury Secretary Paulson, at right, via Getty Images