19 October 2008
Is This a Bailout, or a Fix for a Junkie?
James Saft notes that what we are seeing, "The market's reaction to the new superbailout follows a familiar pattern: relief, disappointment and the need for a higher dose of the same medicine, is distressingly similar to the behavior of an addict.
I agree....I think we should start arresting and imprisoning bank executives, like we do junkies.
In any case, it's a good read.
I agree....I think we should start arresting and imprisoning bank executives, like we do junkies.
In any case, it's a good read.
Labels:
Finance
,
Good Writing
,
regulation
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