Every once in awhile there is a revelation about big companies that makes my blood boil. This is one of them. If you discount what Wendell Potter of CIGNA says by half, you will still be upset at both the deception and power of the health insurance companies and the ignorance and lack of spine […]
The feckless, amoral Congress ranted about TARP money funding Wall Street bonuses, then stopped fulminating. But where were the elected representatives and the administration’s money-disbursers when they allowed AIG to pay down tens of billions of debt to their friends at Goldman Sachs and the like. This did not reduce toxic assets or increase the […]
David Leonhardt (NY TImes, today, the Looting of Americas Coffers) has it right. If you dont yet understand how overwhelming greed led bankers and investment bankers to build a house of cards, walk away with bonuses based on performance that would lead to billions of write-offs of their own companies and not care, you must […]
Betting Against Obama I recently heard someone at the local YMCA say “I hope Obama fails.” Aghast that someone not too rich and insulated to work out at the Y would hold such an ignorant and selfish view, I began thinking of the reasons he might fail. One that stands out flows from the management […]
Saturday, August 1, 2009
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