Saturday, August 9, 2008

A brass band welcome for Andrew Cuomo

18Brumaire admire the attorney general of New York State. He's got the big greedy investment banks on the run, those old meanies who sliced and diced mortgage securities and made high profits before the Ponzi scheme melted down in August 2007. He took say UBS, Citibank, and Merrill Lynch to court threatening them with the full source of the law. They caved in, with the results that all three banks not only will pay fines but buy back in the billions auctions bills, thereby bringing relief to unsuspecting customers. New York State can expect bigger and better things from the young Mr. Cuomo.

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