Ping!
Saturday I was talking to an investor from France, a high profile investor from Germany, and a Mexican entreprenur. All of them were madder than hornets, that they themselves had contributed to the value of the dollar, making American dollars the world wide trading instrument, only to have the American Gov’t bail out banks, whose directors took their ‘golden parachutes’, to pad their fall into disgrace. They as well have lost fortunes, and no one is bailing them out or any other foreign investors who had much at stake in the world that is crashing that is centered in New York on Wall Street.
Tiger...
The blog comments at Naked Capitalism are equally interesting.