4.30.2010

Sheila Bair goes to Puerto Rico, blows $5 billion

Westernbank, R-G Premier Bank, and Eurobank all go down, costing the FDIC an estimated $5 billion.

For that kind of money, I hope Sheila and Suze got the honeymoon suite at the Ritz Carlton San Juan.

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Inflation is always and everywhere a progressive phenomenon

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