‘Nationalize’ the Banks

From the Wall Street Journal:

Dr. Doom says a takeover and resale is the market-friendly solution.

Nouriel Roubini is always dressed in black-and-white.

I have known him for nearly two years, and have seen him in a variety of situations — en route to class at New York University’s Stern Business School, where he’s a professor; over a glass of wine in his boyish loft in Manhattan’s Tribeca; at an academic conference, seated sagely on the dais; at a bohemian party in Greenwich Village, at . . . oh . . . 3 a.m. — and he always, always wears a black suit with a white linen shirt.