Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: benwood who wrote (71926)	10/13/2006 2:32:39 PM
From: Mike Johnston	Respond to of 110194

I think Enron is child's play in comparison with this. This is mass syphoning of wealth to the tune of tens of billions of dollars. Also Enron was originally a gas pipeline company that overexpanded and management committed fraud to protect the stock price and their stock options. With this, we are at the center of the financial system. JP Morgan, Goldman Sachs and Fannie Mae will never be allowed to fail. Not that they are anywhere close to failure, at this point. Bonuses for their employees will be unbelievable this year, unless they decide to spread them out, to avoid backlash.