Rat Burgers Anybody? Nobody Says It Better Than Matt Taibbi
This entry was posted on 6/25/2009 12:41 PM and is filed under economics,politics.
<blockquote>Imagine a meat company that bred ten billion rats, fattened them on trash and sewage, ground their bodies into chuck, and then sold it all as grade-A ground beef to McDonald's and Burger King, right under the noses of the USDA: this is exactly the same thing, only with debt instead of food. We're eating it, they're counting the money.</blockquote>
Taibbi points out that Goldman's was smart enough not to eat their own rat burgers, but Lehman's and Bear Stearns weren't so smart. Read this prequel to an upcoming article in "Rolling Stone" by Taibbi.
Suck on Our YachtsYes, indeed, the Rat fatteners are still in charge and we should be very worried. These guys should be in jail. This was a heist, pure and simple.