The US Fed is a ______ (fill in the blank) - Page 4

bkelly · 03-18-2008, 05:21 PM

Quote:

Originally Posted by AMosely

Do you live on planet Earth?

I believe so but they changed the signs on me again this morning.

Quote:

Originally Posted by AMosely

...that B&S was placing way too much hedge fund investment in shaky sub-prime mortgages. This began the cascade the took the firm down.

You don't build a house on sand and then blame the sand when everything comes crashing down.

bkelly

ScratchMonkey · 03-18-2008, 08:05 PM

Quote:

Originally Posted by bkelly

You don't build a house on sand and then blame the sand when everything comes crashing down.

OTOH, you can build a house in a flood plain and get FEMA to bail you out when it goes underwater.

xTYBALTx · 03-19-2008, 12:27 PM

The credit crisis and Feds' actions explained in terms even I can understand:

http://www.nytimes.com/2008/03/19/bu...hp&oref=slogin

03-19-2008, 12:27 PM	#48 (permalink)
xTYBALTx Join Date: Aug 2005 Posts: 3,650	Re: The US Fed is a ______ (fill in the blank) The credit crisis and Feds' actions explained in terms even I can understand: http://www.nytimes.com/2008/03/19/bu...hp&oref=slogin __________________ Current Tybalt theme song: Mason v. Princess - Perfect "$250,000 a year won't get me to Central Park West."

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