I wasn't involved with the Bears Stearns clean-up, but I heard enough about it from plenty of others. What a mess!!
Other than that, we're in a recession but it's a election year so the books will never show it. What was growth last quarter, something like 0.6%? It'll be 0.3% or something this next time around, because if it comes in as true negative growth, they'll be readjusting the numbers and doing all sorts of interesting bookkeeping to make sure it doesn't show as a negative.
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