Posted on 09/02/2009 5:47:08 PM PDT by Kartographer
Back during the heyday of the credit bubble, they were the financiers who earned huge bonuses for creating, trading and investing other people's money in those complex securities that resulted in trillions of dollars in losses and brought global financial markets to their knees. And now they're out there again hustling for investors and hoping to make another score buying and trading the same securities.
Like golfers who treat themselves to a second drive after hooking the first one deep into the woods, these guys play on without apology or penalty. The maddening thing is that they're getting away with it and nobody seems to care.
(Excerpt) Read more at washingtonpost.com ...
Yo ho, yo ho, a pirate's life for me. We extort and pilfer, we filch and sack. Drink up me 'earties, yo ho. Maraud and embezzle and even highjack. Drink up me 'earties, yo ho.
Yo ho, yo ho, a pirate's life for me. We kindle and char and in flame and ignite. Drink up me 'earties, yo ho. We burn up the city, we're really a fright. Drink up me 'earties, yo ho.
We're rascals and scoundrels, we're villians and knaves. Drink up me 'earties, yo ho. We're devils and black sheep, we're really bad eggs. Drink up me 'earties, yo ho.
We're beggars and blighters and ne'er do-well cads, Drink up me 'earties, yo ho. Aye, but we're loved by our mommies and dads, Drink up me 'earties, yo ho. Yo ho, yo ho, a pirate's life for me.
Hey, don’t bring golfers into this!
Aaaaargh!
I spent ten years writting COBOL programs on Wall St...
and we had saying about the frenetic pace of the place...
“There is never time to do it right, but there is always time to do it over!”
We must not allow the government to do this without the close inspection it deserves....
Not to mention that obama is a freakin communist!!!
If at not first succeed, try and try and try again.
Let's give insanity some face time for crying out loud!
Heh...try it, you just might enjoy the game...
It is a Washington Post article, but your reference says wsj.com. Please correct.
It would have never happened without the Rats’ running interference for Freddie and Fannie and Acorn bullying banks into making loans to people who had absolutely no ability to pay them back.
There is no problem created by government that cannot be made worse by more government.
You have hit on the liberal dogma of "change".
Create a problem and then create another problem via the fix for the original problem, that way problems flourish and individual rights are too trivial to be concerned about.
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