2008-04-04 — nakedcapitalism.com
We agree with Soros' predictions of the next shoes to drop (CDSes and more foreclosures, including and beyond subprime). But "the free market" failing to correct is hardly the problem. These have been "fox guarding the henhouse" cronyist markets, not free markets. Maybe more fitting would be "Bluto guarding the frathouse" markets.
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