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.

0 comments :

Post a Comment