The credit crunch was causing such great woe The feds agreed to hand some banks some dough. We all assumed that they were going to lend it. It turns out, though, that they prefer to spend it On buying smaller banks and other things. (The money they were given had no strings.) And yes, of course, the credit crunch endures, So don’t ask banks for dough, although it’s yours.
Calvin TrillinCalvin Trillin is The Nation’s “deadline poet.”