NObama

The Mess on Wall Street: $4 Trillion Down the Drain

Lets see, Greenspan POPPED the Internet Bubble on purpose by raising interest rate when there clearly was no inflation. This led to the tech crash & subsequent interest cuts to almost 0%. He kept interest rate low too long & encouraged the housing bubble to bail him out of the mess he caused. He should have called for toughening of the lending guidelines when he testified before Congress but didn't. Greenspan & Congress are prime suspects in the mess that we are in.

Cox at the SEC is another academia with no clues what so ever. They need to make a move now to ban naked shorting to put a floor under the financials.

Lehman Is Just the Thin Edge of the Wedge

Greenspan was the facilitator of this destruction we are seeing.

The Mess on Wall Street: $4 Trillion Down the Drain

We can blame all this mess on Mr Greenspan himself. Naked shorting will lead more financials to their graves.