Why did you cheer the bailout of Freddie Mac and Fannie Mae. I think it is a good thing that the companies and investment companies that have manipulated the markets, have caused managements to focus on quarterly earnings and not on the future are all now suffering from their own greed and short-sightedness. Perhaps in the aftermath, the market will right itself and wring out more than 20 years of greed-driven excesses.
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Why did you cheer the bailout of Freddie Mac and Fannie Mae. I think it is a good thing that the companies and investment companies that have manipulated the markets, have caused managements to focus on quarterly earnings and not on the future are all now suffering from their own greed and short-sightedness. Perhaps in the aftermath, the market will right itself and wring out more than 20 years of greed-driven excesses.
Sep 14 20:40 pm
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