"O Jerusalem, Jerusalem. You who murder the prophets, and abuse those whom God has sent as messengers to you. How often I have longed to gather your children together, as a hen gathers her young under her wings. But you would not let me. As you have willed it, so your house is now yours to command— but it is made desolate.” Matthew 23:37-38
09 September 2008
Citigroup's Guide to Circling the Bowl with Fannie Mae
Another excellent observation from Michael Panzer at his site Financial Armageddon. Its a very good read, and the same for his most recent book.