It’s unnerving, disorienting. A particularly noxious blend of helplessness, fear and fury that washes over you when you realize the country has again been dragged into a costly and scary maelstrom revolving around acronyms you’ve never heard of.
Our economy went in the ditch while traders got rich peddling C.D.O.’s and C.D.S.’s. Even many bankers — much less average Americans who lost their shirts — were gobsmacked by the acronyms, and scrambled to figure out how collateralized debt obligations and credit default…