Janet Tavakoli calls it Appendicitis

Wednesday, Jul 15, 2009

Some people say that [the global financial economy] had a heart attack. And I say, no, it's actually more like apppendicitis, where you have toxic assets leaking into the system and basically crippling it. And what we're doing right now, instead of fixing the problem, is we're prescribing some very potent, addictive pain killers. And that's not the way to go when the economy is having an appendix attack.

C-SPAN Q&A, Janet Tavakoli, President, Tavakoli Structured Finance, 3:45, April 19, 2009, http://www.youtube.com/watch?v=WA20Am0pwtA.