Veteran

Wall Street Breakfast: Must-Know News

You guys amaze me!
You love the creative markets and the profits that are made, until excessive greed takes it over the edge, then you cry "socialism" and ask who was regulating the market.
The sub-prime mortgage meltdown was due to a Ponzi scheme of totally bad mortgages written by banks and lending companies and passed along as investment bundles paying extraordinary returns.
Greed exceeded caution and prudent risk taking..
When times are good, you yell "Leave the markets alone!." When it goes through tough corrections, you cry "Why didn't you stop me?"