Discussion in 'Financial Cents' started by Tango3, Jan 15, 2009.
Denniger frothing at the mouth warning: "doomcon-3"
Denninger's conclusions, I believe, are optimistic, but otherwise correct...
"perp walks"... Madoff is one, but I won't be satisfied until we see some "perp walks" Somebody is responsible for a major part of this if not the entire mess. Lets start with the sec regulators( and bond raters) who failed miserably and obviously looked the other way...
If you or I walked into a 7-11 and helped ourselves to a loan under the threat of violence, we wouldn't be looked on as businessmen.
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