Shorter Megan McArdle: Barry Ritholtz is wrong and I am right. Goldman Sachs accidentally made billions of dollars out of stupidity. It's not their fault that the rest of the economy collapsed; it's the system's fault.
When, oh, when, will someone tell McArdle that the banks just aren't that into her, no matter how much she defends them? She's starting to sound like an abused spouse.
I think we can safely say that McArdle finally has jumped the shark. She was able to obfuscate while the con game was still running, but those day are gone. Only the scapegoating remains, and may I remind McArdle who has the money and power and who doesn't? Who would David G. Bradley get rid of under public pressure--his sponsors, or his embarrassing employee?
I couldn't get past the awful car analogy about an angry wife crushing her husband for cheating with something called a "secreatary."
ReplyDeleteHeh! I guess spell check is for the little people. Or the competent people.
ReplyDeleteSomeone or something is pressuring her right now. Maybe all the criticism about her Goldman Sachs post, maybe other things we don't know about, but she's feeling the heat for her support for bankers.
Good.
It is just rubbish what this woman is talking about. The system is sick, true, but not in the way she says.
ReplyDeleteShe's providing Bradley exactly what he wants - publicity & a tireless defense of health insurers.
ReplyDeleteThis one was too inept to bother with. I don't think anybody managed to figure out where she was going with the car.
Did anyone else consider that maybe the car analogy was actually a vague warning to Suderman?
ReplyDeleteSuderman shouldn't need a warning after
ReplyDeletehttp://meganmcardle.theatlantic.com/archives/2009/01/car_success.php