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Technology Stocks : Cisco Systems, Inc. (CSCO)
CSCO 78.03+0.8%Nov 14 9:30 AM EST

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To: Elroy who wrote (74851)1/15/2008 11:38:55 AM
From: John Koligman  Read Replies (2) of 77399
 
*OT* CNBC just did a piece on a hedge fund (Paulson and Co) that has hired Alan Greenspan. The irony is that Paulson won big over the past year by shorting the mortgage debacle, and is saying there is still plenty of money to be made on the downside in shorting additional areas like auto loans. Gee, are they hiring Greenie because he was so helpful in creating the bubble that they profited so handsomely off???

Regards,
John

PS - Perhaps others can comment, but is there a state of 'anarchy' developing out there in the housing market? I'm beginning to see more and more articles about angry homeowners 'wrecking' their homes before foreclosure, and others actually stripping them....
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