pharma

Monolines: The Spitzer Debate

Any business and individual do make good, not so good, and bad decisions. This time monolines have made many poor decisions. This is life.

The main blame with the present financial crisis is lying with the Wall Street investment banks and Feds for allowing "derivatives" misrepresentation and outright fraud.

Finally, do we want our Congress and our Government to run insurance businesses? Just a reminder: the past Soviet and Chinese state-run economies did not do too well.