LMAO! Can someone say Bailout 2.0....

I believe the proper term is "kiting."

ok...who does this sound like?

"An organization like this one relies on constant, ever-growing premium volume, so it can cover and pay for the deficits,” said W. O. Myrick, a retired chief insurance examiner for Louisiana."

ponziiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiii

I wonder what would had happened to Goldman if the government did not bail them out.
Another round of Buffet?

even buffet didn't have enough...plus if he did he would have ended up actually owning the whole thing, i suspect.

Ponzi is right. And I'm amazed that there isn't more vigor in holding these financial firms feet to the fire. This plus the front running aka high frequency 'trading' is giving me the angry old man syndrome (cc :) ). Oh and don't forget about our government 'investment' side getting hookers and dope from wall street. WTF is going on here?

Shouldn't we be building a 'chinese' wall around government institutions and the industries they are supposed to regulate? Where is that ticket to Cuba? :)
mini-rant to the day.