Chose this photo because the idea of Borat in a lime-green, one-piece thong running with the Baywatch Babes is the only pic out there more ridiculous than our government's current obsession with saving the amalgam of toxicity which we call banks. With Treasury Secretary Nominee, Tim Geithner, testifying before the Senate this morning, there are bailout stories breaking all over the place. We're happy to see Tall Paul Volcker make an appearance. Hey Obama: why wasn't Volcker your pick from the start?
Take an afternoon click ride and see where your children's future tax payments are headed.
First, in case you missed it...here are this morning's 20 links or so
And now the new batch...Geithner's Prepared Statement to the Senate this morning
The Bailout Conundrum Portfolio/Conde Nast
Obama Administration Has No immediate Answers on the Banks International Herald Tribune
Geithner Apologizes For Not Paying His Taxes AP
A first read from Gregg Robb at Marketwatch
Keep Checking Back...I'll be adding more links every half hour...
THE DONALD to File For Bankruptcy!??? from EP over at Dealbreaker Dealbreaker's better writer
Letter from David Rosenberg of Merrill Lynch...Not Your Father's Recession...wonkish
Obama Comprehensive Economic Plan to come within weeks Bloomberg