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interbank lending subsituted with federal reserve lending?..., 2008-09-27 15:21:06 | Main | "We do not want to reward failure"..., 2008-09-28 23:06:14 bailout deal reached: By the sounds of it you could drive China through the loopholes. Equity only in "some cases". Bankruptcy judges will not be allowed to reset the terms of mortgages. The House GOP's massive insurance bailout program, where we insure the over-insured and under-capitalized securities, essentially covering the credit default swaps, is even in there. That's some nasty sausage. update: the rough draft, that will apparently be a finished draft by tomorrow. :: posted by buermann @ 2008-09-28 10:44:01 CST | link Comments: In the never ending quest to achieve the irremediable, surely we can ask for no finer champions? They're paragons! Paragons, reliably choosing batshit crazy immiseration and greed over the plain old bugfuck nuts variety, every time. On the bright side, Gerry O'Connor's banjo picking is reason to stay alive. posted by Zomg @ 2008-09-28 10:59:54 | link My friends, that is some hot shit served cold. posted by buermann @ 2008-09-28 12:21:56 | link go ahead, express that vague notion Name: Email: Homepage: Comment your turing test: