Suddenly Everybody is a Genius February 11, 2009
Posted by aetiusromulous in Commentary, news, politics, Video, YouTube.Tags: bail out, banks, business, crisis, economy, finance, geitner, meltdown, news, politics, stimulus, Video
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Geitner has no detail, ’cause there ain’t any. And even if there were who the hell could understand it, let alone agree.
Bottom line – while the popular media wails and gyrates – is this: How do you value trillions and trillions of dollars worth of assets that are nothing but thin air?
Riddle me that, Batman.
From our friends at Bloomberg
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