| "They made a pile of money on mortgage securities and now the tax payers have to pick up the mess after the money is gone." Thats what it boils down to. Investment banks made decisions that led the country into recession and now THEY want a handout? Yeah right (not). Businessweek had a cover story "Recession Time" by Peter Coy (March 13) that said as much. "GAMBLERS, LIARS, AND SLEAZY LENDERS" The airwaves and blogosphere are alive with people who say nothing should be done. They argue that intervening now would only delay the inevitable liquidation of credit-fueled excesses. "Under proposed bailouts, responsible people lose and have to give their money to gamblers, liars, and sleazy lenders," says the widely followed Patrick.net housing blog. I tried to post the link, but got the following message from GW. So if you want to read the story, just google the title and author. " That Home Site! Spam Alert: In order to fight spam, we need your cooperation! Unfortunately, we have been the victims of spam attacks (the posting of ads) promoting this site or business (NON-ALLOWED LINK) and they are now blocked completely to prevent a recurrence. Please do not mention them in our forums or elsewhere at this site. Any attempt at circumventing this block by using our site to refer others to this business will be interpreted as an attempt to further spam our site and you will be permanently banned from using our services.That Home Site! We appreciate your cooperation in keeping messages ad-free!"
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