Monday, March 16, 2009
AIG BAILOUT ZONE
You unlock the door with the key of moral hazard and unlimited greed.
Beyond it is another dimension...
A dimension of $1 CEOs and $500,000 bankers,
A dimension where management incompetence and investor stupidity are rewarded,
A dimension of dimwitted lards who don't get fired.
You are moving into a zone of opaque financial garbage called risk management tools,
A world of inflated synthetic assets and fruitless recovery.
You've just crossed over into the AIG Bailout Zone.