So what's new....
Nothing really.... The 'Fat Cat' bankers on Wall street rorted the system, creating the sub prime mess and loss of trillions to ordinary man in the street. They were conveniently 'bailed out' by Bernanke and Co. Now this Muni bond scandal,which they are settling with profits made from the free money provided by the Fed. And those fat cats already took their million dollar bonuses and are driving their Maseratis to their million dollar mansions.... Human nature, it remains the same.
Labels: fkli, index futures
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