I'm not an economist. My mathematical skills are a key reason I'm not an academic, but rather just another law-talkin' guy. I cannot find statistically significance to save my life, but -- with relative success -- I can divide by three. Which is usually good enough for what I do.
So far be it from me to make many comments about what should be done about insolvent banks. But, on the other hand, shrill-columnists who won Nobel Prizes in Economics and unusually prescient bloggers who are economists and coiners of catchy phrases like big shit pile are quite concerned and dismissive of the Obama-Geithner plan. Which is far more concerning to me personally than Jim Cramer's primal scream therapy.
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