“We are a country of laws”, so sayeth Larence Summers the director of the Presidents Economic council. President Obama told Steve Croft of 60 Minutes “that we cannot govern out of anger”. Timothy Geitner signed off on the ridiculous bonuses paid to AIG executives. After discovering these atrosities to common sense, Congress proposed a 90% [...]
At least until the bear eats it.
Stocks that used to be considered the cornerstones of Wall Street such as GM, GE, and Citigroup have plummeted below sea level.
