This letter is associated with the following article:
Letters
Friday, August 17, 2007 12:00 AM

Panic on Wall Street

You've heard about the home-loan bust, but do you know your derivatives from your tranches? Read Salon's easy guide to understanding the current market freakout.

Read other letters about this article

  • Thursday, August 16, 2007 07:11 PM

    thanks andrew

    ... for a lucid primer to a horribly complex fiscal mess. It's tempting to point to this notoriously hands-off (except when it comes to anything involving iraq, or women's reproductive rights, or ...) administration as being responsible, but clearly we've been headed this way for a long, long time. What I'm more interested in is how this ties in to our whole sick culture. Health care administrators whose job it is to make sure you DON'T get the treatment you need. Credit card companies whose primary goal is to make sure you DON'T pay off your balance each month.

    What is the common denomenator here?

Most Active Letters Threads

404

I'm thankful I'm not President Obama

Backers deride Katrina-style negligence, haters hate him more each day. Can this presidency be saved? Of course
332

The extreme secrecy of the federal courts

Judges are not only permitted, but required, to conceal anything the government declares to be secret.
320

Greg Craig and Obama's worsening civil liberties record

A new Time account of the fall of Obama's White House counsel sheds much light on rule of law issues.
266

Tough-guy John Bolton, hiding under his bed

As usual, right-wing pseudo-warriors are drowning in extreme cowardice.
222

Praying for Obama's death

Pastors are invoking Psalm 109 -- "May his days be few" -- in hopes of saving our country, and our souls

View all »

Letters Help

Currently in Salon