Quote:
Originally Posted by Sooner or later
The problem started decades ago. LTCM went bust and we ignored the problem and let it build.
Watch The Warning on PBS Frontline. Read up on Brooksley Borrn and how she was railroaded out by Greenspan and his cronies when she had the gall to suggest we needed regulation in the derivitive markets
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Speaking of the devil, Mother in Tucson (who politically is to the right of Attila the Hun conservative) is a friend of his...She used to pass stuff I had written to him, some of which he disagreed with (before 08) and some he agreed with...