Last evening I saw this post about Ken Lewis's change in responsibilities at a sight called "LOLFed." It went up around 6pm.
This morning, our muse puts up this on the same topic. You might want to give her some slack because, hey, she had to think of something interesting to say! Seriously, have you been here before?
I don't find it hard to believe that Ken Lewis genuinely believed that he was singlehandedly saving the US financial system--though it is also true that he probably couldn't have gotten out of the merger agreement by the time he (and Merrill) knew about the losses, even if he wanted to. But that doesn't really matter. If my husband sacrificed our child to save thousands of people, I might recognize, at some abstract level, that he had done the right thing. But we wouldn't stay married.
Scooped by a site whose tag line is "makin ur economy betters." They've got more interesting analysis, too.