Quote of the Day: “Bill Daley Will Get It Done”

January 12, 2011 7:37pm by Barry Ritholtz

Simon Johnson on the completion of the banking sector’s takeover of Washington D.C.:

“Let’s be honest. With the appointment of Bill Daley, the big banks have won completely this round of boom-bust-bailout. The risk inherent to our financial system is now higher than it was in the early/mid-2000s. We are set up for another illusory financial expansion and another debilitating crisis.

Bill Daley will get it done.”

In other words, we are fucked . . .

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