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


To: neolib who wrote (149231)9/22/2008 11:07:13 PM
From: patron_anejo_por_favorRead Replies (3) | Respond to of 306849
 
Would that a Nobel prize mean anything to the markets.

If it did, Merton, Scholes and LTCM would still be afloat.

AFA Paulson's concerned, he's a power-mad arrogant egomaniac. Always has been. You don't suppose he had more than a little to do with the derivatives mess we find ourselves in, being the CEO of the biggest IB in the world at the very pinnacle of the housing bubble? You don't suppose that Goldman-Sachs starting to implode wasn't the REAL reason for his sudden call to arms, do you?

For a "neolib", you're very trusting of our current administration. Remember the War in Iraq? Think of Paulson's latest exertions as the equivalent of Colin Powell's slideshow at the U.N. Smoke, mirrors, and very little truth.



To: neolib who wrote (149231)9/22/2008 11:11:13 PM
From: SGJRead Replies (1) | Respond to of 306849
 
"Henry Paulson judged....but there was not sufficient systemic risk seen in Lehman"

Lehman's was a big competitor of GS. Oh but no, no, what I am implying. Shame on me.