Friday, March 14, 2008

Couldn't happen to a nicer bunch

Carlyle Group will, apparently, emerge relatively unscathed.

An illuminating portrait, albeit a little out of date, in C for Capitalism.

Krugman writes:
I used to think that the major issues facing the next president would be how to get out of Iraq and what to do about health care. At this point, however, I suspect that the biggest problem for the next administration will be figuring out which parts of the financial system to bail out, how to pay the cleanup bills and how to explain what it’s doing to an angry public.

No comments: