Moochacha

Who Were the Winners on Interest-Rate Swaps?

Interesting point on L. Summers.

Maybe the only ones that can clean up this mess are the ones who made it, eg AIG had to pay million dollar bonuses to employees who are unwinding the swaps they created because no one else knows how to.

You have given Obama an unfair shake by saying he is corrupt I think he is a smart guy trying to deal with bankers from hell.