I should have mentioned that many private equity funds and hedge funds seem to have found a common position to take---no limits on executive compensation, no regulation, or we won't play.
Blackmail, pure and simple.

This can only reinforce the perception that the Obama administration is helpless before the power of the new robber barons- and that Geithner is their tool.

Capitalism searches out the darkest corners of human potential, and mainlines them.