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To: MHGinTN; beckysueb

Thank you both!

I’ve felt this situation needed an analogy for a long time. The situation is too impenetrable (even for an MBA in Finance like me) to grasp easily otherwise. Please email it around if you feel it works.


376 posted on 09/28/2008 1:22:16 PM PDT by RightOnTheLeftCoast ([Dukakis had a tank. Obama has a bracelet!])
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To: RightOnTheLeftCoast

I will definitely use it. I have been so frustrated because I didn’t know how to explain it to people. This is perfect.


391 posted on 09/28/2008 1:36:52 PM PDT by beckysueb (Drill here! Drill now!)
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To: RightOnTheLeftCoast
"The situation is too impenetrable (even for an MBA in Finance like me) to grasp easily otherwise. "

I've never specialized in finance, but I realized years ago that the world of hyperfinance was way beyond anything I learned in my MBA program. That alone gave me pause. If the layering of derivatives and obfuscation of risk was beyond my comprehension and comfort, I realized that many, many investors were entrusting their savings to a system which was largely incomprehensible to them. Trust in the financial system is ultimately critical to recovery, but I don't see how it can be restored without some serious housecleaning in Washington and in the financial establishment.

395 posted on 09/28/2008 1:43:43 PM PDT by Think free or die
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