From NY Times, here is a handy-dandy guide to who gobbled up whom on Wall Street through the last 30 years. Note how many who have failed recently we're established long ago. Names like Merrill Lynch, Bear Stearns, Saloman Brother, Smith Barney. Long live Goldman Sachs!
Source:
Wall Street, R.I.P.: The End of an Era, Even at Goldman
JULIE CRESWELL and BEN WHITE
NYT, September 27, 2008
http://www.nytimes.com/2008/09/28/business/28lloyd.html
Bailout 2008, a poem by David Jeffrey
Like a bloodied warrior,
laying broken and torn.
Like a dying soldier, hopeless and forlorn.
But the blood, it be green,
the color of money.
And the soldier is an economy,
and it is anything but funny.
Broken are it's people and shattered are their dreams.
Thanks to the ultra rich and their full proof schemes.
It is a tragedy with more pain to come.
Finance will be Hell, and their wills will be done.
Posted by: Seamless | November 29, 2008 at 11:42 PM