Tuesday, April 21, 2009

Bring in the Clowns

Greatest Show on Earth...

Bloomberg is reporting that Nancy Pelosi is going to "push for a comprehensive inquiry" into the causes of the collapse of Bear Stearns, Lehman Brothers, and Merrill Lynch because "three-quarters of Americans " want to know.

So let me get this straight: 225 million people want to know what caused the failure of these firms and that will help them how exactly?

Oh, I know: NASCAR Dads and Stepford Wives will definitely be watching the hours and hours of interrogation by politicians like Maxine Waters and then Goldman Sachs conspiracy will gain some traction.

It's all so crystal.

Pelosi Wall Street Probe Modeled on Pecora After Market Crash [Bloomberg]

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