Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (26575)	1/27/2010 5:35:56 PM
From: Metacomet	1 Recommendation Read Replies (1) \| Respond to of 71475

They were following models, not orders. Not to unduly pursue this, because I take your original point defending some of the banking folks who are now on the pavement. But the "models" were used at a very esoteric level in the banking regime. Unless you were "model" building, you were following orders. And I'm pretty sure that the folks who implemented the schemes, to monetize the derivatives from the get go, were more driven by quick profits and bonuses than theoretical capital formation and management. The gravy train was rolling and at just about every level, they had their spoon in it.