from SLATE: > Financiers Who Brought World Economies to Their Knees Are at It Again
> Steven Pearlstein wonders whether anyone cares that several "charter members > of Wall Street's Mulligan Club" are out in the field again, trying to get > investors to make more money off the same securities that made them rich > before they sparked financial catastrophe around the world. They all "play on > without apology or penalty" and are quite good at explaining that the crisis > wasn't really their fault. But who on earth would give these people money? > Pearlstein says it's "other members of the Mulligan Club … who are lucky > enough to still have money to manage." > Read original story in The Washington Post | Wednesday, 2 Sep 2009: > http://www.washingtonpost.com/wp-dyn/content/article/2009/09/01/AR2009090103847.html?hpid=topnews > < Moral Hazard, anyone? -- Jim Devine / "laugh if you want to / really is kinda funny / cause the world is a car / and you're the crash test dummy" -- Devil Makes Three. _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
