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Free market thinking

Ah, the free market, where everything is free. It's leading to free stocks and bonds of America's finest corporations. Some of you may have missed the fire-sale of Lehman and Bear Sterns. Don't fret. This Christmas, free GM stocks! Everyone will be able to own a piece of GM. Ongoing free stuff in the free market includes free capital injections from the Fed for qualifying banks. Better than free needle exchanges but the high is still temporary. Free market capitalism met 21st century minimalism and became free capital. Due diligence is overblown and too realistic. We want abstract paintings of blue lines for $200 million. Could I have derivative contracts with no financial backing for $200 billion, Alex? What are Sharks and bankers in formaldehyde.

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This page contains a single entry from the blog posted on November 16, 2008 9:31 PM.

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