The Citi Bailout

No details, but considering that it’s George W. Bush and Hank Paulson and Their Evil Minions, mu guess is that it:

  • Will be a givaway.
  • Won’t address the underlying problem (fire Bob Rubin).
  • Won’t be adequate under even those terms.

As details come in, and as I read stuff from people who actually have a clue about this crap, I’ll update.

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