Clayton Cramer has an absolutely hilarious view of the TARP fiasco. Click on the Click here thingy.
An interesting story on how that came to be where it is. My #2 son sent it in an e-mail with the subject line “This is amusing”. And I had to tell him: yes it is. So I sent it around to the usual suspects and Clayton was kind enough to put it up.
Cross Posted at Power and Control
TARP Funnies
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3 responses to “TARP Funnies”
And I suppose they are all insured by AIG?
ROTFL!
Take your losses. The Japanese real estate bust lasted so long because the government kept propping up bad loans.
It’s rampant miscalculation of leverage.