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CreditCrunch(tm)

thank god. i was fuming, but they've softened the blow.

from where i'm sitting it's hard to feel good about bailing out banks who are responsible for their own collapse. the top echelons and ubertraders get paid phenomenal amounts of money and silly bonuses. i mean, one bonus is more than i will make in my lifetime. then they come cap in hand begging for us, the lowly taxpayer, to stump up the cash they so carelessly lost through mismanagement.

thank god mr brown and company put the proviso on the deal that bonuses were moderate and tied to real performance and not just champagne-fuelled fuzzy feelings.

phew. so glad that's off my chest.

at this rate, perhaps booyaa and i will be able to buy somewhere to live in a year's time. there's gotta be a silver lining, right?

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This page contains a single entry from the blog posted on October 13, 2008 9:25 PM.

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