Yay!
Quick post, since I've got to run, but does anybody believe the story of the October collapse that never was? I sure don't, for three reasons"!
1. Big time cui bono.
2. There's no, er, testimony of what actually happened.
3. The numbers everybody was looking at to measure the crisis were easy to manipulate, especially LIBOR.
Sure, something happened, and Congress snapped to attention NOW NOW NOW. But what that something was? We just don't know.
Oh, and:
4. None of the principal players, then or now, merit our trust, let alone our belief.
- lambert's blog
Printer-friendly version- Login or register to post comments



Front page

Recent comments
1 min 58 sec ago
16 min 52 sec ago
22 min 21 sec ago
1 hour 23 min ago
1 hour 45 min ago
1 hour 51 min ago
1 hour 51 min ago
2 hours 19 min ago
2 hours 27 min ago
2 hours 37 min ago