Wreckless and Greedy on Wall Street

I've been unhappy with John McCain's latest populist rhetoric, calling out the 'recklessness of Wall Street' and the'corruption and unbridled greed'. It bothered me because he was very vague and unspecific in his accusations. 'Name names!' I hollered at my car radio. In my heart of hearts I knew there was some truth to what he was saying but I wanted more details. Marc Cuban has a recent post that describes a common thread that ties AIG, Lehman, && ML together with a common thread: all three recently bought back heir own stock, propping up the price and rewarding those who wanted to bailout rather than those who stayed invested. Collusion? Certainly a possibility. Read Cuban's post for more details.