Here's a piece by Joseph Stiglitz, Nobel prize winner in economics, Ex-Chief Economist of the World Bank, Professor of Columbia University, etc., etc. Among other things, Stiglitz says:
The people who designed the [bailout] plans are "either in the pocket of the banks or they're incompetent."
Perhaps what I find most alarming is that the bad news is no longer coming from only those once considered to be "fringe". Now the news is coming from notable scholars and well-known experts in economics and finance. And it's coming rather frequently.
