With the U.S. presidential inauguration upon us, Toron partner Karl Berger, provides his analysis of the incoming Obama administration and what effects it might have on the US economy and the global economy at large. Presented in HD.
The gentleman is saying that the Bush Administration is no "responsible" for the crisis but it's is a conflicting opinion since the SEC failed to address the crisis, warn the public and take the appropriate steps DURING THE BUSH ADMINISTRATION, therefore, George Bush, Henry Paulson, Ben Bernanke, the SEC, Bankers (Fuld, Thain, O'Neil and other crooks that still are there), Bernie Madoff, Credit Rating Agencies, MANY ANALYSTS, etc, ARE RESPONSIBLE.
The gentleman is saying that the Bush Administration is no "responsible" for the crisis but it's is a conflicting opinion since the SEC failed to address the crisis, warn the public and take the appropriate steps DURING THE BUSH ADMINISTRATION, therefore, George Bush, Henry Paulson, Ben Bernanke, the SEC, Bankers (Fuld, Thain, O'Neil and other crooks that still are there), Bernie Madoff, Credit Rating Agencies, MANY ANALYSTS, etc, ARE RESPONSIBLE.
Interesting opinion but I disagree.
MpLMx 3 years ago