Puffin’s Place

I am not swift on economics.
But I wonder why the investors in the private two Freddies made lotsa money not so long ago
but
taxpayers are bailing out the businesses in these bad times!
I wonder the same thing about Bear Stearns, Lehman Brothers and whatever other privates-saved-by-public are coming at us down the road.
Sounds like a bit [...]

[Read more →]