The Charlie Rose Show tonight interviewed Landon Thomas of The New York Times and David Enrich of The Wall Street Journal concerning the Soverign Funds that have come to the rescue of Citigroup and Merrill Lynch. 

Both of the interviewed journalists confirmed that we don’t know and won’t know for some time the depth of the write-off’s by both financial institutions.  At the same time they stated that the foreign investors have more money than they know what to with and are willing to bail out the banks with no strings (no board seats). 

At the same time I sensed that the American citizens were questioning the investments.  David Enrich reported receiving dozens and dozens of emails balking against the foreign investments.  He assumed that all would continue to roll forward unless the American people did as they did when it was reported that Dubai was buying the company that would guard our ports from terrorists. 

It there was a single thought that stuck in my mind, it came from Landon Thomas.  He spoke carefully that this rise and fall of Citigroup and Merrill Lynch was greed driven.  Wall Street is greedy and hungry (I paraphrase) and no one can stop their hunger.

Ahhh!  May I suggest John Edwards!