unusualmusic_lj_archive

I'd like your reaction to my most recent post - a flashback to the corruption of the Resolution Trust Corporation. I think it's a story which needs to be repeated across the blog world: the last time this happened, it was a massive ripoff - the only redeeming factor being they admitted it upfront.

Also, I think blogs need to point out that the sell off of WaMu shows the current system is working without any new powers. In fact, we've already spent around 500 billion in bailouts through Fed and Treasury loans since last year.