Sunday, November 2, 2008

Just give us your cash and shut up

Wall Street Banks in $70bn Staff Payout - The Guardian

Banks Take The Money And Sit - Forbes

I really enjoyed reading the Brits' comments after the Guardian article. It always seems that Europeans are much more skeptical, and much less naive, than many Americans about the motives and machinations of the financial Masters of the Universe. I think it has much to do with the fact that European political life is far better balanced than ours, inasmuch as they have an active and vocal left to audibly contradict the conservative narrative (which is substantively the only story Americans have been told for the past 28 years, even during the Clinton '90s -- an interregnum that merely embodied the squishy, pro-corporate centrism of the DLC).

LATE ADDITION: A Question for A.I.G.: Where Did the Cash Go? - The New York Times

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