Health care reform as a wealth transfer.
Stay classy Philly fan.
Steve Waldman of Interfluidity discusses the charges against Goldman. I don't know how this case will shake out as I don't know the law on this stuff well enough. Timing is certainly interesting, as it was the appearnace of the Wellpoint story during the health care debate. Will also be watching how Paulson gets treated moving forward. His role seems shady, but I suppose asking the firm to create an investment vehicle that you can bet against is ok. Regardless of how the legal case turns out, Goldman is going to have to do some serious work with their current investors.
How the Iceland volcano shut down Europe's airports.
Is the Bank Bailout a Bargain? (NYT)
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