skopros

PPIP Gaming Potential in a Nutshell

excellent article by JW Keller in April 6 2009 Barron's (p. 41), "How Not to Price Toxic Bonds," pointing out how "shadow banking system" which "evolved over 20 years and imploded in just six months" is busted and Geithner's PPIP ignores reality to inflate assets and reward big players. He concurs w rortybomb's sharp, witty observations; Keller's well worth reading as companion piece.

is there any way to STOP these crooks??