Tuesday, July 12, 2011

Interesting analysis of the financial meltdown from the Post's Alan Sloan

It was a low-down, no-good godawful bailout. But it paid.
"...The revisionist idea that the bailout is the problem — rather than excesses in the financial system — is simply stunning to those of us who watched the financial crisis surface in 2007, when two Bear Stearns hedge funds speculating in mortgage securities collapsed..."

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