The people who repealed Glass Stegall caused this. Period, end of discussion. Thank Bill Clinton. Thank Alan Greenspan. Thank all of the WORTHLESS politicians.
High Stakes Poker Update: Cinderella, Merrill Side Bets http://globaleconomicanalysis.blogspot.com/2008/09/high-stakes-poker-update-cinderella.html This post is an update on the High Stake Poker Game involving Lehman and a consortium of bankers and brokers still in progress. Interestingly, two new side games are forming, one involving Lehman, the other involving Merrill Lynch and Bank of America.
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