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  • Wall Street Breakfast: Must-Know News [View article]
    The acrimony and nastiness of some of these posts is disappointing and unsophisticated. This is not a bailout of Wall Street. The owners of Fannie, Freddy, Bear, AIG and Lehman certainly don't feel bailed out. Their ownership interests are worthless. This is simply preserving the financial system, the owners of CDSs, many of which are foreign central banks on which we rely to hold our debt, and the ability of average Americans to get a mortgage or a car loan.
    Sep 24 14:38 pm |Rating: 0 0 |Link to Comment
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