Market Madness Round #3 1. Washington DC vs Wall Street Question Title * 1. The Bush administration team, the "Indifferences", cut taxes like (and for) Republicans, spent money like Democrats, looked the other way on regulation, and, with sheer disengagement and an anything-goes attitude, forgot to mind the store and guard the piggy bank from the bandits.vs. The Financial Sector's "Moral Hazards" team is outstanding. They froze credit markets (except for themselves - the twerps got TARPs) and forced us to Google securitization and credit default swaps. You do need a scorecard to tell the players: AIG, Bear Stearns, Lehman Brothers, JPMorgan Chase, Bank of America, Merrill Lynch. Can you say "risk management"? Indifferences Moral Hazards Next