Broker Outpost Mortgage Forums
Home | Recent Discussions | Register | Login | Mortgage Broker Directory | Mortgage Reference Library
 All Forums
 Mortgage Brokers
 Off Topic
 Search for: They are all "too big to fail" and so free to trad.
Related tags: []
Author Previous Topic  |  Next Topic  
Oracles

482 Posts

Posted - 11/06/2009 :  10:32:49 AM
The greed merchants needed a co-conspirator, Mr. Forstmann argues, and that co-conspirator is and was the United States government.

"They're always there waiting to hand out free money," he said. "They just throw money at the problem every time Wall Street gets in trouble. It starts out when they have a cold and it builds until the risk-taking leads to cancer."


http://finance.yahoo.com/loans/article/108104/three-decades-of-subsidized-risk?sec=topStories&pos=6&asset=733826b2dcb81d4f7fff9c86a1c55493&ccode=1
  Previous Topic  |  Next Topic  
Advertising Information © 2007 Broker Outpost LLC, All Rights Reserved. Subscribe to the Forum Topics via RSS Go To Top Of Page
Privacy Policy Terms and Conditions
This page was generated in 0.31 seconds. Snitz Forums 2000