Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I think accountability goes to the heart of it. I believe Paulson was genuinely trying to help his caste out of a tight spot - without requiring them to account for their mistakes - and has only recently realized that there may not be that much money in the universe.

The fact is that what we're experiencing right now is a top-down disaster. -Paul Krugman
by dvx (dvx.clt št gmail dotcom) on Tue Nov 18th, 2008 at 05:51:50 AM EST
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