You don't always know when the sky is gonna fall

Corruption, racketeering, and bribery or all familiar terms to federal prosecutors going after Mafia bosses. Strange when these activities take place on Wall Street no similar charges are filed and personal fortunes are kept intact.

clipped from www.nytimes.com Now let me move to another point: all of the recent misery, including the stock market’s plunge, the disasters at Fannie Mae and Freddie Mac, the loss of retirement savings. These did not happen out of the blue. The catastrophe of giving bonds ratings far higher than they deserved did not happen by chance. And endlessly rosy reports from banks and investment banks about their health did not result from a butterfly flapping its wings in China.