The " flood of talent", "smartest minds in the world" took a historically secure vehicle, trad. mortgages, combined it with an historically unsecure vehicle, subprime mortgage, wrapped them shiny paper and bows and sent a bull market in to a tail spin. Then told us they didn't understand the risk. That who's going to run the next bull market?!? Pleaseee!!! Should we now talk about the leadership at Treasury, Fed and SEC. Common sense and patient that what makes successful bsuinesses.
I'm a professional agitator!
iMakeItRain2009 3 years ago
The " flood of talent", "smartest minds in the world" took a historically secure vehicle, trad. mortgages, combined it with an historically unsecure vehicle, subprime mortgage, wrapped them shiny paper and bows and sent a bull market in to a tail spin. Then told us they didn't understand the risk. That who's going to run the next bull market?!? Pleaseee!!! Should we now talk about the leadership at Treasury, Fed and SEC. Common sense and patient that what makes successful bsuinesses.
Canemikat 3 years ago