2010/02/08

More Mortgage Messiness

Johnny L. continues his quest to point out how stupid policy contributed to the mortgage crisis.

Ken Lewis isn't going to go gentle into that good night, either. I can't say as I really blame him, either. He got strong-armed into the Merrill Lynch deal and now they're going to try to bust him for it? I'd go scorched earth on Treasury and the Fed in a heartbeat.

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