I was reading a post today on Eugene Cho’s blog about the bailout. I appreciate the thoughts expressed both by Eugene and his commenters over there. One comment in particular stood out to me, using the term
Wall Street Casino Capitalism
It has high roller/big spender/rich getting richer written all over it.
I love Eugene’s blog, please check him out. In particular, check out the ridiculous video by a pre-madonna Bank of America exec.
Oh, one more thing, here’s a breakdown of the bailout. Leaves me speechless.
Find the chart here.