Bailout Vacations in Lake Placid for New York Bankers
So the U.S. House of Reps rejected the $700 billion bailout package and the DOW crashed 777 points. Wall Street is crushed that it won’t be getting a free lunch after having gambled (and lost) other peoples’ money on leveraged derivatives and junk mortgage securities. Asian markets are tanking and the Europeans have their cockamamie heads […]
Posted on September 30th, 2008 by Thomas
Filed under: New York, Vacation | No Comments »



