[lbo-talk] a fresh rant on the bailout

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Wed Feb 11 12:34:39 PST 2009

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> There is a very large cadre of civil servants whose expertise is in
> running banks honestly and prudently.

I don't think we're talking about the Bailey Building and Loan here ...

If civil servant "bank examiners" are so good at their jobs, how did we get here in the first place? ;-)

/jordan