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I have a feeling we'll be asking the same question over and over again...,
2009-03-25 10:49:21
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moral, er, hazard...,
2009-03-26 11:15:42
just to point out the obvious:
My interpretation of the high proportion of headlines I see on the train that continue to be about AIG bonuses, I think, indicates to me that the lazy fartbags producing said headlines and newspapers they appear on the front page of don't have the remotest interest in understanding what is happening around them, let alone our having any hope that they might want to share that understanding with us in plain sixth grade english.
update: the CDS payouts matter, why do I have to depend on some know-nothing Alabama hick dressed up as a congresman to ask about them? And why isn't the question, "why did you pay out on any credit default swaps at all?" AIG never had the money to pay out on any of the policies in the first place, this is like putting the taxpayer on the hook for losses suffered by Bernie Madoff's victims.
:: posted by buermann @ 2009-03-26 10:45:48 CST |
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