Please note that we've moved to a new blog at www.LibraryGrape.com.
Sunday, September 21, 2008
Here is a quote from an email sent by an unnamed Washington lawmaker talking about the legislative response to the financial crisis:
I find myself drawn to provisions that would serve no useful purpose except to insult the industry, like requiring the CEOs, CFOs and the chair of the board of any entity that sells mortgage related securities to the Treasury Department to certify that they have completed an approved course in credit counseling... I'm open to other ideas, and I am looking for volunteers who want to hold the sons of bitches so I can beat the crap out of them.