Quote:
Originally Posted by bill352
I am financially unsophisticated compared to some of the posters here. I do know that I don't like what's going on with my pension fund. That is partly offset, however, by the fun I'm having watching all the free-market disciples on Wall Street elbow each other aside for a place at the government trough. Can't even put lipstick on that pig.
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Bill,
I seem recall a few voices saying something to the effect: "If only government would get out of the way..." Now they've changed their tune. On an optimistic note, I heard this morning that AIG's bridge loan comes with an interest rate of 11.31%. Woof! I want to see the government to make an obscene amount of money off this deal and all the other similar deals -- just for grins. Maybe some of the money will find its way into your pension, Cap'n... but I doubt it will. In any case, good luck to you.