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A hedgie grows a heart and other musings on capitalism-on-steroids…
Tags: alpha, Andrew Lahde, asset-backed securities, BankersBall, benchmark, bernard madoff, China, crisis, derivatives, Fritz Lang, george orwell, George Soros, Google, Government, harvard business school, hedge fund, John Paulson, lenders, marshall mcluhan, metropolis, mortgage-backed securities, Nouriel Roubini, pandora's box, prep school, sec, subprime mortgages, sweatshops, tween
Congressional leaders and the Bush administration announced Sunday they had reached a draft deal to commit up to $700 billion to bail out struggling Wall Street firms plagued with assets-backed securities, The Washington Post reports. House and Senate negotiators reached an agreement that will allow Treasury Secretary Henry Paulson Jr. to stage one of the [...]
Tags: Art Falcone, asset-backed securities, bailout, blackjack, Bush Administration, Class III gambling, craps, Dade, Deval Patrick, Florida, Great Depression, Henry Paulson Jr., Housing and Urban Development, income tax, keno, Leslie Kirwan, Manny Diaz, Marc Roberts, Massachusetts, Maurice Ferre, Miami, Miami Worldcenter, Michael Caputo, Nancy Pelosi, President Bush, roulette, Seminole Tribe, slot machines, Steve Preston, Treasury Department, White House
