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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (466453)3/26/2009 12:46:54 PM
From: tejek  Read Replies (2) of 1578109
 
Ted, > If there was bungling, it was on the political level, and had little to do with the country's economic problems.

That's what happens when you combine populist politics with the bailout of institutions that are "too big to fail."

Let me make this clear to you. You may not understand the economics that are involved here but that doesn't give you the right to go running around claiming that its all BS. AIG was too big to fail just as Lehman was too. The economic crisis got much worse when people like you said "let Lehman fail"......much worse. That's why everyone is fighting like dogs to keep AIG from going under.
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