[lbo-talk] Endgame in the banking sector

[SA]

Note the language of sin and punishment coming from this extremely 
gloomy Wall Streeter. Replace the word "government" with Man and 
"capitalism" with God.

http://economistsview.typepad.com/economistsview/2008/09/bankruptcy-for.html


> Government has not been able to hold bank the forces which have taken 
> down financial giant after financial giant. Capitalism demands pain. 
> Good risk is rewarded and imprudent risk is punished. We were engaged 
> in an orgy of imprudent risk taking for nearly a decade and now a 
> heavy price will be paid for the violation of so many simple and 
> common sense precepts of trading.


> I truly fear for our economy and our system the next several days.

SA