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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: MulhollandDrive who wrote (92802)10/24/2007 12:36:34 PM
From: John VosillaRespond to of 306849
 
Big difference is Enron wasn't critical to national security and crony capitalism.. Merrill, Goldman, Morgan are.. JP Morgan of Panic of 1907 fame even today is more in the pockets of our leaders in DC than Ken Lay ever was when alive<g>



To: MulhollandDrive who wrote (92802)10/24/2007 1:11:31 PM
From: patron_anejo_por_favorRead Replies (2) | Respond to of 306849
 
Neither the CEO or CFO should survive it. They were levering up positions in MBCP's into the apex of the housing bubble. How dumb can you get?

The other guy who shouldn't survive is the CEO of Wachovia, who severely overpaid for Golden West during the same time frame. Charles Prince of Citi should go, too, for general incompetence.

Bet all of them stay. Board room cronyism at its "finest".


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