Economics and similar, for the sleep-deprived
A subtle change has been made to the comments links, so they no longer pop up. Does this in any way help with the problem about comments not appearing on permalinked posts, readers?
Update: seemingly not
Update: Oh yeah!
Friday, April 03, 2009
More parables of the crisis
... this one relevant to the "Geithner Plan", and the business of providing subsidies via FDIC guarantees ...
Reader, imagine that you are a very bad person. Imagine, in fact, that you are Al Capone, and you have been paying off the local DA for the last forever. Now, a sudden crisis has hit your organisation, and you need a great deal of help, that you know you are going to have to pay for.
Which option is likely to be more cost-effective - to pay a larger bribe to your friendly DA, or to suddenly try to open up a new bribe relationship with some other DAs from neighbouring districts who you've never really dealt with before? Which course of action is more likely to get someone to play ball? Which is more likely to have unforeseen consequences that land you in the slammer?
this item posted by the management 4/03/2009 05:55:00 PM