Bailout Rejected: An “Expert” Reacts

September 29, 2008

If you’re like me, you’re aware of this monumental financial crisis that we’re in the middle of, and even probably understand the magnitude of the peril that we’re in, but don’t really have any idea how to discuss the situation without sounding like a damn fool.  So, in light of the bailout proposal being rejected by the House a couple of hours ago, I decided it was time to take matters into my own hands and do some investigative research.  Fortunately for me, in the age of the Modern Jackass, enlightenment is just a GChat away.  I approached one of my esteemed GMail buddies, an accomplished associate at a private equity firm (read: an Indian dude), and asked him for his reaction to the most recent developments in Washington, in the hopes of shedding some light on exactly how totally fucked we actually are.  After the jump, his expert analysis on just that:

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