1.0 link 166059 http://www.huffingtonpost.com/judith-ellis/embracing-insanity-in-thi_b_166059.html Recently, Tom Peters wrote regarding the financial crisis, "I, for one, cannot conjure up any 'sane' fixes to deal with this insane situation." Perhaps a very good "insane" solution may be not to buy these bad assets on bank books that CEOs created and boards sanctioned in order to collect fat fees for shuffling Collateralized Debt Obligations (CDOs) that had no value. Bond insurers also got in on the deal, writing policies against these bogus instruments, collecting fat fees too...

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