Not that this should be news to anyone, but I guess the real story should be about how little people seem to care. If I was running the government and this was happening, the Fed would be gone, today, abolished, and it's executives on trail for treason.
In case it helps for google rankings or whatever, I'll like to a couple of the places other people talk about it:
Fed Giving Away Your Money To Banks
Moody's, S&P Defer Cuts on AAA Subprime, Hiding Loss
Note to CNN/others: How about a front page story about this, instead of the usual meaningless garbage? Or, to put it another way, which is more likely to affect your average readers personally: a politician getting laid, or the Fed stealing $200 billion (which, BTW, makes Enron seem like a round-off error)?
Tuesday, March 11, 2008
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment