Legal Commentary

WaPo Admits "We Have No Idea"

By Big Tent Democrat

After writing that "[AIG's] remaining $1.6 trillion derivatives portfolio is like one of those delicate, world-destroying time bombs that James Bond used to have to disarm in the movies; the difference here is that the only people who appear to be knowledgeable enough to dismantle the bomb are the ones who built it[,]", the WaPo Ed Board admits "[l]ike most of the people writing about AIG, we have no idea whether this threat is empty."

Ever wonder why the Washington Post exists? In any event, a new slogan for the WaPo -- "We have no idea."

Speaking for me only

Full post as published by TalkLeft on March 17, 2009 (boomark / email).