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


To: George K. who wrote (80202)3/22/2007 9:51:05 AM
From: John Vosilla  Read Replies (2) | Respond to of 110194
 
Going to be a lot of discussion on that today. Just heard on CNBC that regulators were aware that lending standards were way too lax even four years ago and no one did anything about it. Larry Kudlow's perception of free market versus Roubini's common sense approach? This will get ugly as the neocons blame the Dems for causing this mess by creating regulations.. Both are wrong IMHO

Personally I hope their is no bailout for anyone. What a logistic nightmare ripe with fraud and corruption this would be.