Wall Street Loots the US
OK, let me get this straight ... total disaster is about to descend upon the US unless Wall Steet gets a trillion dollars. But Warren Buffet spends 5 billion on one of the companies because it's a good investment.
Hang on ... a good investment?
They lied, cheated and self-deluded themselves into a corner and are now people are so confident that they'll get a blank check that they're now a good investment?
At the very minimum, investors in those banks need to take a hit - a big hit. Otherwise they're just using a little panic to loot the US treasury.
Hang on ... a good investment?
They lied, cheated and self-deluded themselves into a corner and are now people are so confident that they'll get a blank check that they're now a good investment?
At the very minimum, investors in those banks need to take a hit - a big hit. Otherwise they're just using a little panic to loot the US treasury.