i don't pretend to be any sort of expert on financial markets or even understand what is happening with the bankruptcies and bailouts, but i did find it interesting that this administration passed on lehman brothers and then put the hook into the deep end to rescue aig. i get that lehman's was smaller, the failure of aig posed a bigger threat to the economy blah blah blah ...
but then i came across this interesting tidbit on the huffington post - the bush family is quite connected to lehman's. wouldn't that just have been a massive conflict of interest if the government had provided a bail out? could it be that ethical, and dare i say jesus-like, behavior has finally surfaced after 8 years of corruption and callous disregard for what is right and fair?
17 September 2008
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