Thursday, March 5, 2009

The Feds shell companies

This is simply unbelievable. The Federal Reserve has set up three shell companies so that it can buy crappy investments from AIG. Investors get their money out and we get stuck with the tab. Bernanke should be fired and then brought up on embezzlement charges. In a just world that is what would happen. In our world, Obama probably gives him a #!*% medal.

Details in this post.