OR NOT: “Sen. Charles Schumer, a New York Democrat, said on Thursday that some experts think creating a ‘bad bank’ to buy toxic assets could require as much as $4 trillion.” These experts include Charles Schumer’s major donors on Wall Street, as well as Charles Schumer’s major donors on Wall Street. It’s kind of hilarious that this guy is more or less the most corrupt politician in America, at least according to the notational value of deals in imaginary money he brokers, but, well, he’s a character! [Reuters]