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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: neolib who wrote (149231)9/22/2008 11:07:13 PM
From: patron_anejo_por_favorRead Replies (3) of 306849
 
Would that a Nobel prize mean anything to the markets.

If it did, Merton, Scholes and LTCM would still be afloat.

AFA Paulson's concerned, he's a power-mad arrogant egomaniac. Always has been. You don't suppose he had more than a little to do with the derivatives mess we find ourselves in, being the CEO of the biggest IB in the world at the very pinnacle of the housing bubble? You don't suppose that Goldman-Sachs starting to implode wasn't the REAL reason for his sudden call to arms, do you?

For a "neolib", you're very trusting of our current administration. Remember the War in Iraq? Think of Paulson's latest exertions as the equivalent of Colin Powell's slideshow at the U.N. Smoke, mirrors, and very little truth.
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