Wednesday, March 18, 2009
'The bad side of capitalism'
At least AIG's Edward Liddy admits private companies can screw up without government assistance. ... The Atlas Shrugged types, I'm sure, will find a way to connect anti-red-lining policies to credit-default swaps.
Update -- Lawrence Kudlow plays the blame-government card. But he makes some good points about post-collapse AIG. Chief among them: What's the administration's AIG game plan going forward?
At least AIG's Edward Liddy admits private companies can screw up without government assistance. ... The Atlas Shrugged types, I'm sure, will find a way to connect anti-red-lining policies to credit-default swaps.
Update -- Lawrence Kudlow plays the blame-government card. But he makes some good points about post-collapse AIG. Chief among them: What's the administration's AIG game plan going forward?
