Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
I can readily see why the financial institutions would be eager to sell these things.

What I don't see is why anyone would be dumb enough to buy and hold these things.  

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre

by ATinNM on Mon Jul 6th, 2009 at 11:13:42 AM EST
um, because there's a greedy, overcapitalised fool born every minute?


'The history of public debt is full of irony. It rarely follows our ideas of order and justice.' Thomas Piketty

by melo (melometa4(at)gmail.com) on Tue Jul 7th, 2009 at 04:48:58 AM EST
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