Tuesday, September 30, 2008

Raymond James Joins Goldman Sachs And Morgan Stanley - Run From Free Markets To The Safety Of The Federal Reserve

Raymond James is the latest financial firm to run from free markets to the safety of Federal Reserve bailouts and lotsa free money. It is laughable that these firms can't stand the heat after all of the executives have personally benefited from the environment they created. Of course, Raymond James qualifies this move by stating that they were considering it before this crisis. Uh...sure.
posted by TimingLogic at 10:32 AM