A great piece from Gretchen about the whole truth and nothing but the truth, so help ourselves because no one else will.
Fair Game-
LIVE and learn. And well we should, given that 2011 was packed with teachable moments.
Some of this stuff we already knew. Like the fact that banks love the perks that come with being too big to fail. They will lobby shamelessly to hang on to their riskiest businesses and stay perilously large. No surprise, really. A heads-we-win, tails-the-taxpayers-lose model has a lot going for it, at least for executives atop these institutions.
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