Tuesday, October 13, 2009

New Democrats are Bush league

Barry Ritholtz has been putting up some terribly revealing (revealing terrible things, that is) posts of late, linking the New Democrats and the Too Big To Fail financial institutions, their lobbying efforts (which, he reckons, yielded a 258,500 PER CENT return), and how those links and efforts are holding back financial reform.

It would do you well (but maybe not 258,500 per cent better), to have a read; won't take long:

Why Financial Reform Died: “Banks Run Congress”

Derivatives Lobby Corrupts Congress

Single Best Investment in History = 258,449%

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