Elf Sternberg

Don't get me wrong. I'm sure he's guilty as sin. But isn't it just really unfortunate that one of the very few people who has been very publicly on the case of the massive, overweening fraud in the finance, ratings, and monoline insurance businesses - the very one who got Warren Buffet to set up a new monoline insurer that's actually sound so that future muni and state bonds could be issued less impaired - gets taken out right as the crises spawned by the clusterfuck of all this fraud really starts to hit? And as the ratings agencies turn to pure fraud to pretend the existing monolines have value? And as everyone is looking for some sort of way out that doesn't actually involve taking any of these actual losses, and people are talking massive, and I mean massive, government bailouts?

Isn't that timing just wretched?