Web$urf said:
brinker has been either clueless, in denial, or both about potential risks."
math junkie responded:
<<I agree with you. That's certainly a lot different from what some here are implying about Brinker wanting to benefit "fat cats" and such.>>
--Clueless Brinker is not. But I do have to wonder if he was in denial. I remember about 8 months ago wondering with a friend why Brinker was simply ignoring the subprime problem. He acted as though it wasn't there. As far as I know, he never once mentioned it on the radio or in the newsletter.
OTOH, I think 99% of financial experts underestimated the problem(s). I remember Ben Stein, around that same time, recommending financials, saying they were "ridiculously cheap," and adding that subprime was "a tiny problem" (IOW, a tiny pct. of the mortgage market).
Bob blew it, but he was far, far, far from alone, contrary to what the bashers want people to believe. To hear them tell it, brinker was practically the only one who didn't know just what was coming (or worse, he knew and helped deceive the little guys). -:) |
