Tagged: credit crunch

“In other words, Congressman, I fu*ked up!” 1

“In other words, Congressman, I fu*ked up!”

Today, former Federal Reserve Chairman Alan Greenspan, speaking for the laissez faire tribe, informed the House Financial Oversight Committee that “those of us who looked to the self-interest of financial institutions to protect shareholder’s...

Ruh Roh . . . 3

Ruh Roh . . .

Over at Bonddad there’s a good summary of the loan package granted to insurance gigantus AIG by the federal government, We now collectively own nearly 80% of AIG! Perhaps we can turn it into...

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