Wednesday, March 25, 2009

Wait a second... you want to blame ME for the financial crisis?

A hedge fund manager is pissed.

Very pissed.

He gives a rundown of how we got here, from his view, in plain, simple English.

He points his finger directly at who is to blame, and explains why they are to blame, and what their motivations were.

He talks about how much money he makes, and what that money does. (Let me give you a hint: it's not all under his mattress. It's investing in businesses, and giving money to YOUR boss, so he can pay YOU, hire YOU, or give YOU raises.)

Then he talks about what he plans to do.

It's not pretty, but you need to read it, and pass it around.

I haven't linked to it yet because I want you to know what will be covered, and why you need to READ THE WHOLE THING.

You want to know who's at fault in this financial crisis?

You want to know who price fixed a fifth of the GDP?

You want to know how the people who pay 98% of the nation's tax income are going to react to this vilification, and congressionally approved piracy?

READ THE WHOLE THING.

It ain't pretty.

But it needs to be read.


From Tam

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