Do we have a thread for SlackerInc yet? Maybe we should

[septimus]

No. I busted you in the other thread with

@septimus

The U.S.G. overpaid for paper to keep banks solvent. The banks spent some of the money intended to ensure their solvency on bonuses for the very gamblers and fraudsters who helped cause the crisis in the first place.

If the free market determines that a piece of paper is worth $43, and we buy it for $43, that’s not a “bail-out” — it’s an investment. If we pay $100 for the piece of paper worth $43, that is a “bail-out.”

Your turn.