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To: cyesp who wrote (113444)11/13/2008 12:36:27 AM
From: Sailing21 Recommendation  Read Replies (1) | Respond to of 206131
 
Absolutely fascinating. Couldn't stop reading. Thanks for sharing.
OG



To: cyesp who wrote (113444)11/13/2008 12:36:27 PM
From: ChanceIs2 Recommendations  Respond to of 206131
 
RE: The End of Wall Street Boom...by Michael Lewis Nov 11 2008

Great article. Thanks for posting it.

I have to recommend this two hour long conference at the AEI as a follow-up. I personally attended it two weeks ago and listened to the rebroadcast once. Get the video here:

The Deflating Mortgage and Housing Bubble, Part IV: Where Is the Bottom?

aei.org

If you can't take he whole thing in, at least get Chris Whalen's part where he describes the mayhem which will result when the public finds out that the TARP isn't going to make loans, but rather to satisfy the commitments the banks made by selling credit default swaps to hedge funds. Starts 1 hr into the program (15:00 hours - 3PM in Washington coordinates) and lasts about 15 minutes.



To: cyesp who wrote (113444)1/29/2009 11:43:36 AM
From: Fiscally Conservative  Respond to of 206131
 
Having just finished reading,for the second time,Michael Lewis's;The End of Wall St Boom,I still can not fully grasp the greed and corruption involved on the Street.

It speaks volumes of the failed ethical policies that we had entrusted our leaders with. It is a damn shame!