Fascinating piece up at Baseline Scenario (which has whizzed to the top of my must-read list, but let that be) about Tim Geithner and how with all good faith and good intentions he has climbed into the lap of the moneymen. I suppose it is impudent to suggest that there is another and more pointed name for the phenomenon--"Stockholm Syndrome," where (as Wiki recaptulates) "the tendency might well be the result of employing the strategy evolved by newborn babies to form an emotional attachment to the nearest powerful adult in order to maximize the probability that this adult will enable — at the very least — the survival of the child, if not also prove to be a good parental figure."
I wouldn't for a moment want to suggest that Geithner is playing Patty Hearst to to the bankers' Symbionese Liberation Army. Well-- I'm thinking, I'm thinking...
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