Daily Archives: March 15, 2008


$200 billion bank bail-out and Spitzer charges are linked

Read Greg Palast’s explanation on how these two stories are linked.

Palast has the accounting and investigative background to know what he is talking about.

As an investor in some types of securities vaguely related to those he mentions, I’d prefer not to believe this story. On the other hand, if the story is true, then perhaps my investments have a hidden insurance policy behind them.