9.09.2008

The law of unintended consequences

Did this



have anything to do with this?



It could be purely coincidental, but the timing is mighty suspicious. Did Lehman get thwacked by Fannie Mae and Freddie Mac derivative exposure? Oh, the delicious irony if Paulson killed Lehman by bailing out Fannie and Freddie. And when he bails out Lehman, what unintended consequences will that cause? Who will he have to bail out next?

Oh, what a tangled web we weave
When first we practice to reprieve

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