Thursday, March 13, 2008
Krusty is Coming?
by Tom Bozzo
Isn't it amazing how — amid all these signs of the economy headed down the toilet — the indefatigable Wall Streeters can reportedly find solace in the predictions of a firm which, in the most charitable reading, was blindsided by the need for the asset write-downs to date.
Dean Baker will, no doubt, find endless blog material among people who somehow managed not to see the commercial real estate crash coming.
Ripped from today's headlines...
Isn't it amazing how — amid all these signs of the economy headed down the toilet — the indefatigable Wall Streeters can reportedly find solace in the predictions of a firm which, in the most charitable reading, was blindsided by the need for the asset write-downs to date.
Dean Baker will, no doubt, find endless blog material among people who somehow managed not to see the commercial real estate crash coming.
Labels: High Finance, Journamalism
