The Back Alley Archives

Posted: **Wed Jun 10, 2009 1:32 pm**

And we let these fucks control our money with virtually zero oversight? Video at the link.

http://www.cnbc.com/id/15840232?video=1147744592&play=1

Posted: **Wed Jun 10, 2009 5:21 pm**

Another choice quote from the vid:

“There are no bad bonds, just bad prices. Treasuries at 2% were a toxic asset.”

"The FED is undercapitalized in the way that Citigroup is undercapitalized"