Monday, March 10, 2008

Bloomberg.com: Worldwide

This was rumored last week though without names. So it's a race to the bottom..And the fans are pressing against the fence. And the looser is! Though 'they' may have decided not to 'save' a couple of them and treat them now as culls. Save, of course means: 'too big to fail' and the tax payer foots the bill. But in a school of sharks they could be seen as chum for the other investment banks. They call this game free enterprise which means deregulation so everyone can make their own rules as they go. But if it gets tough going then they say they need government help. And it always ends up the same way..They wave the flag and we the tax payers bail them out of the hole they have dug because of greed. If anyone can tell me what is patriotic about a corporation i would be willing to listen.
http://www.bloomberg.com/apps/news?pid=20601087&sid=aQoykcrKTOv8&refer=home

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