Quote of the Day

"Capitalism without bankruptcy is like Christianity without hell." -- Elizabeth Warren, chair of the TARP Congressional Oversight Panel.

Watch Part 1 and Part 2 of an incredibly revealing, interesting, and entertaining interview of Elizabeth Warren on The Daily Show.

Quote of the Day

"This too-big-to-fail problem has now become an even-bigger-to-fail problem as the current approach has lead weak banks to take over even weaker banks. Merging two zombie banks is like hav[ing] two drunks trying to help each other to stand up. " -- Nouriel Roubini in an article, It Is Time to Nationalize Insolvent Banking Systems