Comments on: Where are the perp walks?

By: AIG: Bankruptcy would have avoided the bonus debacle - Credit Writedowns

AIG: Bankruptcy would have avoided the bonus debacle - Credit Writedowns — Sat, 09 May 2009 21:36:57 +0000

[...] activities is likely to invite a negative populist response as I indicated in my recent post “Where are the perp walks?” In my view, the Obama Administration may well come to be viewed as an enabler of these [...]

By: Goldman connection at NY Fed “doesn’t pass the smell test” - Credit Writedowns

Goldman connection at NY Fed “doesn’t pass the smell test” - Credit Writedowns — Mon, 04 May 2009 14:36:17 +0000

[...] should make it plain that the Obama administration is going to be walking a tightrope between its Wall Street-friendly inclinations and its need for populist rhetoric. Which side wins is very much up in the air. You should recall [...]

By: Glen

Glen — Tue, 17 Mar 2009 09:35:38 +0000

Thanks Ed,

Great summary story about the sorry state of affairs. Emperors New Cloths springs to mind here.

By: Edward Harrison

Edward Harrison — Sun, 15 Mar 2009 07:15:41 +0000

Thanks Glen,

I will be doing some pieces at naked capitalism at least once a week for a time now. I ran across a piece that might interest you given how little the Obama Administration is credibly demonstrating its desire to clean house in financial services.

http://www.telegraph.co.uk/finance/comment/4991817/G20s-real-agenda-should-be-saving-Europe-from-itself.html

Certainly, the power of the financial services lobby is not just a U.S. problem. It is global problem which risks a severe worsening of events if left unchecked.

By: Glen

Glen — Sun, 15 Mar 2009 07:06:56 +0000

Big well connected money men, donation hungry politicians and regulatory agencies stacked with banking sycophants; what a combination, what an outcome.

PS: Nice work over at Naked Capitalism.

By: rawdawgbuffalo

rawdawgbuffalo — Sat, 14 Mar 2009 19:07:02 +0000

Original gangster or Original gangster?