On Fri, Sep 19, 2008 at 7:05 AM, Jim Devine <[EMAIL PROTECTED]> wrote:

> the US government is now talking about buying up all the banks' toxic
> debt (sort of paralleling the Resolution Trust folks' actions at the
> end of the S&L melt-down) and the finance community is going wild with
> happiness. There's some talk that the government will actually make a
> profit on the deal! However:
>

Is this the first time in the history of financial bubbles that no one went
to jail? Not even a token scapegoat like Ken Lay or Jeff Skilling?
-raghu.

-- 
The meek shall inherit the earth, if that's OK with you.
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