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To: RealMuLan who wrote (71491)11/22/2007 12:23:40 AM
From: RealMuLan  Read Replies (1) | Respond to of 116555
 
[what a "wonderful" system!]--Wall Street's socialist turn
Satyajit Das
businessspectator.com.au

In good times, financial markets embrace capitalism. In bad times, financial markets re-discover socialism. Currently, the US Federal Reserve is engaged in a dangerous strategy to look after its Wall Street friends.

...

The banks continue to privatise gains and socialise losses. Socialism for Wall Street will prevail, once again.