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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 374.35+0.7%Nov 18 4:00 PM EST

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To: Maurice Winn who wrote (52488)7/18/2009 5:34:25 PM
From: philv3 Recommendations  Read Replies (1) of 217862
 
" Most people prefer not to be confronted with the results of their own stupidity and greed."

We are certainly in agreement with that. But Greenscam is not without blame. Au contraire, he presided over the bubbles that he created with his reckless interest rate policies, and his insistence that oversight and regulation was not welcome. How can anyone argue otherwise? He admitted his mistakes, saying his model was flawed. Of course he wasn't the only rotten apple in the barrel, he had plenty of company, but he was a king pin.
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