Insight. Antics.

Archive for May 27th, 2012|Daily archive page

(White) House of Lies?

In Economy, Politics on May 27, 2012 at 2:19 pm

What in tarnation is going on? Since when did people in finance get defended in any real significant way?

Private equity, investment banking, and hedge funds were universally loathed in 2009 for collectively throwing us off a cliff economically in 2008, and (begrudgingly) the government had to, and was somehow able to, grab a hold of the ledge with one hand and start pulling us back up, with TARP and then the Stimulus. And now we’re going to elect someone from their ranks? Read the rest of this entry »