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The whole "too big to fail" thing has become ridiculous.  If we were governed by people who weren't retarded, and who had enough integrity to make those judgment calls, it'd be one thing.  But we're not.  We're governed by Junior and the GTP, who aren't burdened by brains or integrity.

Clearly the lesson to draw from this, if you're the head of a company, is to turn yourself into a bank and fuck up as much as you possibly can, preferably in a way that threatens to bring down the whole system.  Only the Bushies could govern in a way that turns incentives to such scenarios.  It reads like a really bad Marxist novel.

Conservatives want live babies so they can raise them to be dead soldiers. - George Carlin

by Drew J Jones (myfriends@thisispancakes.com) on Mon Nov 24th, 2008 at 09:01:45 AM EST
[ Parent ]
of the fact that honor and integrity have no monetary value (at least not in the time range that the Street cares about).

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Mon Nov 24th, 2008 at 09:23:31 AM EST
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