Wednesday, February 18, 2009

End of Wall Street?

Wall Street Journal has a new series called - End of Wall Street.

It discusses the housing bubble and how we got into the mess we are in. What they do not discuss is how to get out of this mess. In fact, this was predicted by me in 2005. Perhaps in an alternate time line we did not make the big mistake. However, we would not have as much risk. Bankers tend to be conservative, but we turned Wall Street into a game. Well, now it is GAME OVER!

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