9.01.2009

There's a bailout comin', but it's not for you

... it's for Sheila Bair's FDIC, which guaranteed hundreds of billions in deposits for bad banks whose regulators were as clueless as Meaghan Cheung.

No comments:

More stuff that broke around 1971

We've noted before  that a bunch of economic trends turned bad when Nixon closed the gold window and we launched into the current pure f...