About a week back, I suggested that a smarter approach to a bail-out – rather than buying toxic assets from banks – would be to simply invest directly in those banks themselves.

At the time, I assumed Paulson – due to long-standing investment bank allegiances – was unwisely unlikely to take that smarter route. But, apparently, there’s nothing like a solid week of clusterfuck to put all the options back on the table.

Because, as of yesterday evening, that’s exactly what they’re doing.

Pair that with a recent call from the Deputy Director of New York State’s Office for Motion Pictures and Television, who had read my entry about the film provisions of the bail-out bill and hoped I could answer some questions about them, and it appears this blog really might be, as the intro paragraph has long hyperbolically claimed, one of the best sites on the internet after all.