The sanctity of contracts…at your convenience
rdan Michael Perelman reminds us of the propaganda involved in selling the way the bailout is happening. Brenda Rosser said in comments… This article appears to be thinly-disguised propaganda. An attempt to sell ‘the regulators’ (like Larry Summers, Geithner and Bair) as having a serious intention to rein in the excesses of the large banks. […]