Profile
conuly
Active Entries
- 1: Hm. I thought we got a big bag of cat food
- 2: Trying to read Dogs of War
- 3: Well, I'm (probably?) hired pending the results of this background check
- 4: Got a callback
- 5: The Grimoire Grammar School Parent Teacher Association
- 6: Points for honesty in this job description....
- 7: I'm feeling slightly judgmental on the Texas flooding and I don't know if my judgment is merited
- 8: I've applied to a bunch of NYC government jobs today
Style Credit
- Style: Dawn Flush for Compartmentalize by
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
timeasmymeasure
Expand Cut Tags
No cut tags
no subject
Date: 2008-03-19 10:52 pm (UTC)Well, yeah, but I don't recall it either :) Thanks for the link, though - I'll love to see it, when I have a spare second. Right now I'm dead tired.
The consensus seemed to be that the real problem is actually a lack of rational, calm thought: traders became irrationally afraid banks would become insoluble, so they're doing things to protect themselves that unfortunately are making the banks unstable.
Oh. Like if you're worried there'll be a run on the banks, so you go to take out all your money, and the people who see you do the same thing, and then - hey, the bank's out of cash!, that sort of thing? But, uh, bigger?