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To: Jorj X Mckie who wrote (56375)10/6/2008 8:59:09 PM
From: mph2 Recommendations  Read Replies (1) | Respond to of 57110
 
I caught Barry Minkow on TV the other day, basically saying that people who were speculating, or lying about their credit, or taking loans they couldn't afford were frauds just like he was....(before he saw the light)...lol.



To: Jorj X Mckie who wrote (56375)10/8/2008 11:56:43 PM
From: John Pitera  Read Replies (1) | Respond to of 57110
 
Hi Tom, you've got it bad behavior all around. Marc Faber has a really profound one hour and 19 minute interview that Bloomberg was streaming on their website as one of their highlight video's.

He really gave a complete summary as to how we have arrived here how much dexterity and grit will be needed to move beyond this transformative period in market history.

Interestingly, he commented how people in the future will ask when were you born... similar to asking if you were before or after WWII. Or if you were born and/or come of age prior to 1929. Faber pointed out that people will talk about 2007 in those generationally defining terms.

John