Wednesday, March 04, 2009

Another good explanation : Credit Crunch Explained

Which I'll just connect with this striking comment over on John Robb's blog (not John himself).

I've said before that I'd like to see the entire length of Wall Street lined with crosses. The rotting corpses of crucified traders and financial executives would perhaps have a salutary effect on those people who might still be tempted to gamble with other people's life savings. Or perhaps not; perhaps such people are immune to deterrents.

It's getting uglier out there ....

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