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


To: John Vosilla who wrote (92686)3/24/2008 11:20:55 AM
From: Metacomet  Read Replies (1) | Respond to of 110194
 
Always reaching to put blame/credit somewhere other than where it belongs.

Pretty sure the suspension of financial oversight and regulation was a creature of the current administration as established by their industry friendly appointees.

There may be some philosophical roots to some of this but the primary cause was allowing unbridled greed to flourish.