Thursday, December 10, 2009

Bankers Just Don't Get It

Bankers really think they deserve what's coming to them. They do. Of course, what I think is coming to them and what they think are two different things. Even the WSJ gently acknowledges that bankers may have a wee bit of a perception problem. They think their business was a victim of sudden volatility which righted all by itself. Everyone else knows they recovered because the government bailed (and still bails) them out with buckets of blood and sacrifice.

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