Rahm Emanuel and Magnetar Capital: The definition of compromised

From Naked Capitalism. Emphasis added

Magnetar
1) A neutron star with an intense magnetic field, capable of emitting toxic radiation across galaxies
2) A hedge fund, the single market player most responsible for the severity of the 2008 financial crisis, through the toxic instruments it created

Rahm Emanuel

1) White House Chief of Staff
2) Politician selected by Magnetar’s CEO to be sole recipient of his political donations, 2006-2008

4 Comments

  1. Sigh. Wall Street guys just *love* to name themselves “Valhalla Rising Unlimited,” “OmniScience Financial,” “Death Star Traders,” etc. The gals would name themselves “Cooperative Investments Inc.” If they survived the testosterone poisoning, that is.

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