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Registered
Join Date: Dec 2004
Location: Manhattan Beach
Posts: 774
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Quote:
Originally Posted by jyl
The word "fraud" is tossed around pretty lightly there. The subprime story has a lot more overconfidence, carelessness, greed, and grievous mistakes in it, than actual fraud. Madoff on the other hand was 100 pct fraud.
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Time will tell.
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Now Porsche-less
ex-'74 Carrera, '93 RS America, '89 Cab, '88 Coupe
“Thank god there’s no 48-hour race anywhere in the world, because chances are nobody could beat Porsche in a 48 hour race.” Carroll Shelby, 1972.
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